You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
野村:重申大家樂(0341.HK)“買入”評級 目標價20.3港元
格隆匯 12-09 13:23

野村發表研究報告指,受惠於政府3.39億港元的“保就業”計劃資助,大家樂(0341.HK)中期收入雖然下跌26.9%,但香港經調整收入仍按年增長2.9%。同時,同店銷售的跌幅已自4、5月份的約30%,收窄至上半年的21%。鑑於趨勢良好,野村認為大家樂香港業務最壞時期已過去,維持其目標價為20.3港元,重申“買入”評級,並認為新型肺炎的負面影響已在集團股價中反映。

野村表示,內地業務自2月起復蘇,由於經濟趨於穩定和需求恢復,集團正進一步擴展其網絡。該行仍對集團的內地業務實現5%收入增長預測,並在2021財年保持盈利充滿信心。隨着新型肺炎疫情中,小型企業被淘汰,大家樂將從加快的市場整合中受惠。

該行認為,隨着香港出現第四波疫情,香港銷售將繼續波動,但其成功將重點轉移至外賣和外送服務,經濟自4月份以來一直改善。內地業務就繼續保持強勁的復甦趨勢。集團可能採取有效的成本削減措施,有望達到收支平衡。

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.
uSMART
Wealth Growth Made Easy
Open Account