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大行評級|大和:上調百威亞太目標價至10港元 第四季派息比率有驚喜
格隆匯 02-27 14:20
大和發佈研究報吿指,百威亞太管理層對獲取市場份額及對中國傳統非消費渠道高端化,擁有強大的信心,這受惠於哈爾濱品牌的強勁發展勢頭以及百威品牌的交叉銷售。該行指,公司第四季業績最大驚喜是,即使淨利潤按年跌15%,但其派息比率按年升7%,達7.5億美元,整體派息比率由2023年的82%升至103%。管理層重申其目標是在未來維持或增加股息派發金額。該行表示,將公司2025年至2026年每股盈測下調5%至7%,其目標價由9.85港元上調至10港元,維持其評級為“買入”。
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