《大行》招银国际降中通快递(02057.HK)目标价至174元 包裹面临进一步定价压力

阿斯达克财经
May 22, 2025

招银国际发表研究报告,估算中通快递-W(02057.HK) (ZTO.US)  首季核心盈利按年升5%至19.6亿元人民币,包裹量增长低于行业水平。该行认为,如果中通要实现全年包裹量增长20%至24%的目标,其包裹定价料进一步受压。该行将中通2025至27年的盈利预测下调18%至21%,将其H股目标价由256港元下调至174港元,同时将美股目标价由32.6美元降至22.2美元。不过,该行续予中通“...

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