大和发布研报称,首次覆盖蜜雪集团(02097)评级,予目标价539港元及“跑赢大市”评级。该行对集团的增长前景充满信心,基于其独一无二的规模经济、在大众市场的领先地位,以及海外扩张的潜力。该行预计2025至27年的同店销售增长为5%、3%及3%,当中平均售价增长为0%、1%及1%,售出杯数增长为5%、2%及2%,并预测净利润将同比分别增长22%、20%及18%。
该行又指,四月外卖平台竞争亦有助带动蜜雪集团的同店销售,料4月同店销售增长逾10%,令市场对集团的预测持续上调,并支持近期股价。
责任编辑:史丽君
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