【浦银国际:维持老铺黄金(06181.HK)“买入”评级 目标价1198.0港元】智通财经APP获悉,浦银国际发布研报称

智通财经
07 Jul
【浦银国际:维持老铺黄金(06181.HK)“买入”评级 目标价1198.0港元】智通财经APP获悉,浦银国际发布研报称,基于对老铺黄金(06181.HK)核心归母净利润预测,目前交易在31x2025P/E以及22x2026P/E,相较于中国黄金珠宝品牌平均估值水平具有显著的溢价,这主要是由于老铺更高的增长潜力以及更强的盈利水平(净利率以及ROE远高于同业)。基于DCF估值(9.7%的WACC以及4.0%的永续增长率),予老铺黄金新的目标价为1198.0港元,维持“买入”评级。

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