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野村:予太兴(6811.HK)及大家乐(0341.HK)均为“买入”评级
格隆汇 09-13 13:52

野村发表研究报告,予太兴(6811.HK)标价为2.5港元、大家乐(0341.HK)目标价为29.1港元,两个集团均为“买入”的投资评级。

该行表示,太兴的股价下跌看起来没有根据。自2019年6月13日上市以来,太兴股价已下跌44%,同时大家乐股价按年上涨21%。该行认为太兴股价的疲软是由于市场误以为其业务易受近期香港抗议活动的影响;然而该行认为影响微不足道,因为太兴和大家乐下半年至今,香港同店销售低单位数下降,而其他零售商则下降30-50%。

野村认为,太兴和大家乐都可以利用当前形势机会性地重新协商租金,或会令市场提高盈利预测。该行表示,由于两个集团不是严重依赖旅游流入,所以该行业在之前的下行期间在本地市场表现出有弹性,内地可能成为下一个增长引擎。

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