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《大行報告》花旗下調京東(JD.US)目標價至85美元 料第三季非通用會計準則淨利潤71.7億人民幣
阿思達克 10-11 10:37
花旗發表研究報告指出,隨著內地於8月下旬及9月初進一步加強疫情防控措施,加上十一黃金周旅遊需求低迷,以及房地產銷售疲弱,該行相信潛在的經濟活動和消費意願仍然疲軟,儘管雙11季度性表現強勁,但疲弱的消費情緒或會持續至今年第四季。 雖然如此,但該行認為京東(JD.US)由於持續的成本優化、主動縮減虧損投資、放慢對新措施的增長步伐,以及管理層對實現按年盈利增長改善的信心,因此該行對京東今年第三季非通用會計準則淨利潤增長上調24.5%至71.7億元人民幣,毛利率料達2.94%。 此外,該行對京東的目標價由91美元下調至85美元,以反映更高的利率及外匯影響。雖然宏觀不利因素仍然存在,但相信當經濟反彈時,京東有能力加速增長,維持對其「買入」評級。
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