大摩:下调百威亚太(01876)目标价至9.5港元 维持“增持”评级

智通财经
27 Jun

智通财经APP获悉,摩根士丹利发布研报称,下调百威亚太(01876)目标价5%,从10港元降至9.5港元,维持“增持”评级。大摩将2025年盈测下调9%,原因是2025年第二季中国餐饮需求持续疲软,这影响百威高阶/超高阶产品品类销售,同时百威的去库存工作仍在进行中。鉴于市场环境依然严峻,大摩将销售额和经营利润预测分别下调4%和8%。基于2025年的较低基数,2026-2027年的盈利预测下调5-6%。

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