大行評級|大和:下調中國中免目標價至45港元 近期催化因素有限
大和發表報吿指,參加了中國中免上半年業績分析師電話會議,認為雖然下半年海南免税品銷售基數較低,但國際旅遊業復甦和最新的市中心免税品市場放寬,不足以抵銷海南的國內免税品銷售疲弱,因此將評級由“跑贏大市”下調至“持有”。
報吿指,由於海南和機場的免税店銷售遜預期,將該股2024至2026年每股盈利預測下調15至17%。雖然下半年基數較低,但認為近期催化因素有限,目標價由80港元削至45港元。
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