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富瑞:予百度(9888.HK)“買入”評級 目標價281港元
格隆匯 09-30 17:29

富瑞發表研究報吿,維持百度(9888.HK)第三季的核心收入和non-GAAP營業利潤率預測,這要歸功於百度在面對大環境的不確定下,發展不同的行業種類。建議投資者需要關注在監管下百度的廣吿業務前景、雲和人工智能的拓展策略,以及營業支出和利潤的前景。該行給予百度“買入”評級,目標價281港元。

該行預計,百度第三季核心收入按年增長13%,與集團提出按年增長9%-20%的目標相符。相信百度的行業種類已實現多元化,在宏觀環境存在不確定下,這有助於紓緩個別行業帶來的風險。該行重申,百度第三季核心業務non-GAAP營業利潤率預測依然維持在23%。對於平台的連接性,預期對百度和整個行業都有正面影響,平台上的內容增多,有利於豐富用户體驗。

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