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《大行報告》大和下調歐舒丹(00973.HK)目標價至25.5元 評級「買入」
阿思達克 06-28 09:30
大和發表報告指,歐舒丹(00973.HK)2023財年淨利潤為1.15億歐元,按年跌52%,比市場預期低48%,主要是由於受7,530萬歐元一次性減值所拖累。該行降歐舒丹目標價由29.2元降至25.5元,評級「買入」。 大和指,在業績發布會上,歐舒丹管理層為2024財年提供了保守的指引,預計收入按年增長17%,集團營運利潤率為12%,低於市場預期,導致6月27日股價急跌15%。另外,管理層維持營運利潤率中期目標為14%至16%(mid-teen),亦令市場失望,因為市場對營運利潤率的提升已早有預期。不過,該行認為,股價可能出現的過度調整提供了買入機會。
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