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匯豐研究:下調大家樂(0341.HK)目標價至25港元 評級“買入”
格隆匯 11-27 10:50

匯豐環球研究發表報告表示,大家樂(00341.HK)截至今年9月底止中期純利按年下跌35%,收益則升2%,當中其他開支明顯上升,該行認為是反映持續進行的優化過程,包括於科技及新店擴張上的新投入。

該行估計,大家樂短期內盈利仍會受壓,但料其在香港及內地的市佔率會持續上升;同時公司已實施多項措施以保持毛利率,且增加大灣區的分店網絡。

匯豐環球研究下調其2020至2021年盈利預測33%及24%,以反映收益下降及成本上升的問題,相應目標價由28港元降至25港元,惟認為大家樂業務穩健及長線增長前景,維持“買入”評級。

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