携程集团-S早盘涨近3% 花旗维持“买入”评级

新浪港股
Oct 23
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  携程集团-S(09961)早盘涨近3%,截至发稿,股价上涨2.35%,现报313.60港元,成交额2.12亿港元。

  花旗发布研报称,预计携程集团于11月中至月底公布第三季业绩,该行预计携程第三季总收入按年升3%至189亿元人民币,符合市场预期;毛利率料为81.3%,经调整经营利润率料为31.4%,经调整盈利料约53亿元人民币,符合市场预期。该行维持携程2026至2028年盈利预测,目标价维持61美元,维持“买入”评级,并认为最差时期或已过去。

  花旗指出,尽管暑假期间行业表现偏弱,以及国内酒店与交通业务抽成率受影响,但中秋及国庆黄金周表现不俗,料可支撑第三季收入。该行认为,市场于业绩的焦点将是管理层对第四季国内酒店抽成率及利润率前景的评论,因淡季酒店营运商抽成率仍有不确定性。

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