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《大行報告》美銀證券降首都機場(00694.HK)目標價至4元 免稅業務逆風持續
阿思達克 11-13 11:19
美銀證券發表評級報告,將首都機場(00694.HK)2023年至25年純利預測平均下調約2.5億元人民幣,以反映免稅品人均消費較低,抵銷人流復甦及母企在特許權合約管理費較低的有利影響。該行指,基於免稅業務逆風持續,將其目標價由4.5元下調至4元,維持其評級為「跑輸大市」。 報告指,今年的免稅品人均消費令人失望,在今年上半年及下半年,國際旅客平均消費分別128元及117元人民幣,低於疫情前的310元人民幣,主要反映新店重開的步伐較慢,大部分重開面積均屬較低消費的店面,以及受周期性因素影響。(ca/cy) ~
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