《大行報告》瑞信升九毛九(09922.HK)評級至「跑贏大市」 目標價升至23元
瑞信發表評級報告,預料當內地明年重開後,餐飲業將會是其一主要受惠者,九毛九(09922.HK)則為該行首選,主要是「太二」同店銷量將會復甦,而隨著「慫」商舖單位經濟(UE)持續改善和加速開店,將為未來幾年帶來強勁增長。
該行預料「太二」在明年及2024年分別各新開150間分店,其翻卓率分別3.6倍及3.7倍,門店經營利潤率則各達22.5%;「慫」則分別新開20間及30間分店,其翻卓率各達3.5倍。根據上述數據,料集團明年及2024年收入分別增長71%及33%,純利按年增長則達2.5倍及32%。
該行將公司今年盈利預測下調,以反映第四季表現疲軟,明年及2024年則稍微上調,以反映防疫措施放寬,將其目標價由19.5元上調至23元,評級由「中性」升至「跑贏大市」。(ca/u)
~
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.