《大行》招銀國際對金蝶(00268.HK)保持樂觀 維持「買入」評級 目標價微調至19.2港元
招銀國際研究報告指出,金蝶國際(00268.HK)今年上半年收入31.9億元人民幣,按年增長11.2%,符合該行預測及市場一致預期;普通股東應佔淨虧損為9,770萬元人民幣,略差過市場一致預期的虧損7,300萬元人民幣,因營運費用略高於預期。
招銀國際對金蝶作為人工智能應用時代的主要受益者之一保持樂觀,認為人工智能貨幣化進展、收入增長復甦、宏觀經濟復甦及數位化需求增加,將成為其股價的關鍵驅動力。招銀國際對公司的2025至2027年收入預測保持不變,目標價從19.3港元微調至19.2港元,基於2025年預計企業價值/銷售額8.4倍(原為8.5倍),符合兩年平均值加兩個標準差。維持「買入」評級。
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