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《大行》美銀證券降貝殼(02423.HK)目標價至57元 重申「買入」
阿思達克 09-03 11:26
美銀證券發表研究報告指,貝殼-W(02423.HK)(BEKE.US)第二季收入為260億元人民幣,符合市場預期;經調整淨利潤為18億元人民幣,勝於預期;房屋裝修及租賃業務分別增長13%和78%,利潤率進一步改善。公司管理層認為次季房地產市場動力減弱,自7月以來加快放緩,當月的二手樓成交按月下降5%,新樓預售按月跌25%。 該行表示,由於樓市疲軟,預計貝殼第三季的收入增長將減慢至按年升2%,並在第四季轉為負增長。該行將公司2025至27財年的經調整盈測下調10%至14%,另由於利潤前景較低,將美股目標價由25美元降至22美元;H股目標價由65港元降至57港元。不過,基於公司的市場領導地位和份額增長,以及對股東回報的承諾(加大回購計劃規模),因此重申公司的「買入」評級。
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