《大行报告》汇丰研究上调腾讯(00700.HK)目标价至655元 次季纯利高预期
汇丰环球研究发表报告指,腾讯(00700.HK)今年第二季收入及非通用会计准则计的纯利分别高於预期2%及3%,与该行的预期一致,手机游戏收入按年增长62%。除了地缘政治紧张局势外,该行认为是时候重新关注公司多元化的游戏产品组合提高了其增长能见度,以及微讯生态圈重新定义广告业,其集成平台可望提高定价。此外,业务组合转向更高毛利的非付费业务。
因此,该行将腾讯2020至2022年的非通用会计准则计算的纯利预测上调1至22%,以反映广告平台及新游戏的强劲成果及有意义的贡献。目标价由原来的635元上调至655元,此按现金流折现率作估值,维持「买入」投资评级。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.