汇丰研究升海底捞(6862.HK)目标价至37.64港元评级“买入”
汇丰研究发表研究报告指,海底捞(06862.HK)上半年加快餐厅开业,已新增130间,故该行对其年度预期新餐厅数目升至280间。集团受惠翻台率及顾客人均消费双双增加,上半年同店销售亦增长4.7%。

该行指,集团战略性的库存策略,减轻了成本压力,而盈利增长慢过收入,主因是对新餐厅的大量投资所致。但由於上半年新开的餐厅,或推高下半年的利润率。该行预料全年净利润率可升至8.9%。
汇丰研究料海底捞2019年收入及净利润分别升63%及49%,至276.85亿元人民币及24.51亿元人民币,并将目标价由34.28港元升至37.64港元,维持评级“买入”。
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