大行評級|花旗:京東物流購跨越速運餘下權益屬正面 維持“買入”評級
花旗發表研究報吿指,京東物流宣佈斥資最多64.84億元,收購跨越速運餘下36.43%的股權,交易設與業績掛鈎的對價調整機制,跨越速運目標於今明兩年錄得盈利21.5億及23.5億元,若盈利達到預期,市盈率將達到8.3及7.6倍。
花旗認為交易估值合理,收購對京東物流影響正面,憧憬跨越速運盈利能力良好,協同下亦可提升京東物流的盈利空間及貨運能力,維持對京東物流的“買入”評級,目標價19港元,對應預測2025年市盈率12倍。
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