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《大行報告》大摩相信恆安(01044.HK)股價30日內將升 評級「與大市同步」
阿思達克 03-25 10:28
摩根士丹利發表技術研究報告,料恆安國際(01044.HK)股價30日內將升,發生此概率料70%到80%,目標價40元,評級「與大市同步」,指其去年下半年盈利疲弱,其估值已降至預測2022年市盈率約10倍。 大摩認為,推動恆安股價回升的催化劑包括3月份紙巾的提價和促銷減少,將提價約10%,這將有利於其收入和毛利率;今年上半年毛利率可能會從去年下半年的低位回升,受制漿成本降低和定價上漲的推動。到2022年,管理層計劃繼續增加廣告和品牌推廣預算,同時減少渠道推廣,由於第二季疫情擾亂消費,市場可能再次偏好消費板塊中的價值股。
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