You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》高盛降美團-W(03690.HK)目標價至151元 評級「買入」
高盛發表報告指,即使美團-W(03690.HK)股價回調至近乎IPO價位,但相信市場因擔憂競爭,對其增長和盈利前景過於悲觀,以及低估美團在保持其本地服務領先地位的執行能力,尤其是外送業務。該行料,抖音和美團之間的競爭將推動門市的市場規模(TAM),令美團在2023年至25年間核心本地商業收入的複合年均增長率達19%。 該行相信,市場低估本地服務業TAM潛在增長,以推動其收入增長,美團擁有護城河(moats)是圍繞其騎手網路、餐廳或商家覆蓋範圍、以及由2025年起利潤率提高的潛力。 報告微調了對美團2023年預測,並將2024至25年收入預測下調介乎1%至降2%,並將2024至25年經調整EBIT預測下調介乎12%至15%。該行將其目標價由176元下調至151元,維持其評級為「買入」。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.
uSMART
Wealth Growth Made Easy
Open Account