《大行》招银国际下调大家乐(00341.HK)目标价至6.52元 评级降至“持有”

阿斯达克财经
23 Jun

招银国际发表研究报告指,大家乐(00341.HK) 2025财年业绩逊于预期,股息表现尤其令人失望,考虑到港人北上及出境消费增加及市场竞争加剧,加上大家乐加价空间有限,近期经营表现依然受压,今年4月及5月同店销售持续下滑,以及2026财年预测股息回报吸引力不足,因此将其评级下调至“持有”,目标价从9.3元降至6.52元,预料下半年香港同店销售跌幅将进一步扩大,而2026财年开店步伐将较缓慢。

招银国际将大家乐2026及2027财年收入预测下调3.9%及6.2%,纯利预测下调30.3%及22.8%,认为行业复苏仍需时。(gc/a)(港股报价延迟最少十五分钟。沽空资料截至 2025-06-23 12:25。)

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