《大行報告》大摩相信同程藝龍(00780.HK)股價60日內跑贏大市 評級「增持」
大摩發表的研究報告指,料同程藝龍(00780.HK)股價將在60日內跑贏大市,發生的可能性有70-80%,予評級「增持」,目標價22元。
該行指出同程藝龍最近股價向下,短期估值更吸引,同程藝龍及攜程(09961.HK)將在本周公布業績,估計次季收入指引將是自疫情爆發以來首次超越市場預期,主要受惠同程藝龍在清明節及「五一」期間房間晚數分別較2019年強勁增長90%及66%,而「五一」內地酒店行業平均房價亦較2019年升33%,較清明假期顯著改善。該行相信規模增長主要是受惠近期的推廣優惠及抽獎等,而公司現價相當於2022年預測市盈率的15倍,考慮到同程與微信的協議將在6月至7月更新,估計將帶動重估。
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