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.
大行評級|大和:上調周大福評級至“買入” 盈利能力及估值正逐步迴歸平均值
格隆匯 03-03 11:52
大和發表研究報告指,一舉將周大福的評級由“跑輸大市”升至“買入”,目標價由7港元上調至11港元,相信集團的盈利能力及估值正逐步迴歸平均值。大和認爲,市場過份高估與老鋪黃金之間的競爭憂慮,而且低估了周大福正在進行的品牌升級措施所帶來的利好因素。其次,該行認爲市場忽略了周大福的傳統黃金系列HUA Collection正有潛力演變成獨立品牌,從而釋放重大價值。另外,該行認爲周大福先前的快速店鋪擴張策略正急劇逆轉,料淨利潤或於2024財年下半年觸底。最後,該公司股價仍被嚴重低估。
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