高盛:降百威亚太(01876)目标价至9.2港元 评级“买入”

智通财经
09 May

智通财经APP获悉,高盛发布研报称,百威亚太(01876)今年首季业绩符合预期,而在业绩会议上,新任CEO指公司策略将维持不变,在经济环境不确定性中,公司会继续专注在可控的范围内,以推动盈利增长。该行考虑到百威亚太业绩以及次季的不利因素,将其今年至2027年的纯利预测下调2%至4%,目前料公司今年的销售、正常化EBITDA及正常化纯利增长为0.6%、1.4%及3.3%,目标价由9.5港元降至9.2港元,评级“买入”。

另外,该行指百威亚太今年次季增长方面,中国内地市场仍受到同比可比基数的影响,并将专注于渠道库存的健康状况;韩国市场凭借强大的品牌实力而提高产品价格,不过出货节奏前置至首季。

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