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《大行報告》中銀國際首予奈雪的茶(02150.HK)「買入」評級 目標價5.3元
阿思達克 10-10 15:37
中銀國際發表報告,首予奈雪的茶(02150.HK)目標價5.3元,估值低企,給予評級「買入」。該行指,儘管市場成長趨向正常化,但中國茶飲市場的龍頭企業集中度仍將上升,因為龍頭企業在強大的業務知識、加強的後端基礎設施、雄厚的現金的支持下,更有能力加速增長,相信奈雪的自營模式(在一線城市)和特許經營模式(在低線城市滲透)的雙引擎將支撐其加速網絡擴張,從而在中國茶飲市場獲得市場份額,鞏固其提高盈利的能力。 該行表示,基於估計奈雪的茶具行業領導地位,相信集團持續擴充業務規模、品牌建立及創新產品,將在未來搶佔更多市場份額。該行料集團今年將扭虧,每股盈利達0.067元人民幣,明年及2025年分別達0.249元人民幣及0.459元人民幣,按年分別增274%及84%。(ca/k) ~
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