《大行報告》大和下調百威亞太(01876.HK)目標價至24元 評級「買入」
大和發表報告指,百威亞太(01876.HK)第三季淨銷售收入利潤按年增2%至近19億美元,分別較大和及市場預測高出3%及2%,其中國內地市場表現較預測強。經調整EBITDA錄5.84億美元,按年內生增長4%,符合市場預期。該行指,雖然近期存在宏觀壓力,但集團在中國和印度的高端和超高端細分市場具韌性,且在韓國市場錄得按季改善。
該行表示,由於第三季業績表現、最新匯率影響及市場情緒,下調集團2023至25年的每股盈測4%至6%。該行認為,該股具良好風險回報,重申「買入」評級,目標價由27.5元下調至24元。
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