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《大行報告》德銀下調恆安(01044.HK)目標價至66.1元評級「買入」
阿思達克 07-08 10:50

德銀下調恆安(01044.HK)目標價,由78.2元降至66.1元,維持「買入」評級。該行指,目標價降幅為16%,當中4%為人民幣貶值影響,其餘為盈利預測修改。

該行下調對恆安今年至2021年純利預測6%至9%,與及同期銷售預測2%至3%。該行相信,恆安第二季銷售或不如第一季強勁,指公司在市場加強推廣,尤其是衛生巾及部分紙巾產品。該行預期上半年銷售按年升4%,純利按年跌9%至18億元人民幣。

該行預期恆安業績下半年改善,尤其是衛生巾業務。但短期股價或受衛生巾銷售疲弱而受壓,該項業務往年均未出現倒退情況。

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