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《大行報告》麥格理下調萬洲(00288.HK)今明兩年盈測 降目標價至5.4元
阿思達克 07-11 11:04
麥格理發表研究報告,預期萬洲國際(00288.HK)今年第二季將受到美國生豬生產表現疲弱所拖累,經營利潤料將按年下跌60%,跌幅較首季的43%擴大。 中國業務方面,由於相對具有韌性,該行預期在生豬價格疲軟的情況下,全年每噸包裝肉利潤達到4,000元人民幣的目標應該可以實現,預期中國業務的銷量增幅應可達到中單位數。下半年計及人民幣貶值的影響,麥格理預計中國業務經營利潤將下降15.8%。 基於美國業務疲弱,該行將萬洲今明兩年淨利潤預測下調32%及31%,萬洲旗下雙匯發展(000895.SZ)淨利潤預測下調3%,將其目標價降至5.4元,維持「跑贏大市」評級。
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