瑞银发表报告,将思摩尔(06969.HK) 评级由“中性”下调至“沽售”,主要是由于估值偏高,以及对其核心客户英美烟草BAT新推出的不烧热(HNB)产品的盈利贡献持相对保守的看法。在BAT宣布推出全新HNB产品后,思摩尔股价已上涨约35%,显示投资人看好其前景。不过,瑞银预期BAT将于今年下半年正式推出这项新产品,而实际成果可能要到明年以后才能观察到。目前思摩尔股价为2025年市盈率约42倍,相较...
Source Link瑞银发表报告,将思摩尔(06969.HK) 评级由“中性”下调至“沽售”,主要是由于估值偏高,以及对其核心客户英美烟草BAT新推出的不烧热(HNB)产品的盈利贡献持相对保守的看法。在BAT宣布推出全新HNB产品后,思摩尔股价已上涨约35%,显示投资人看好其前景。不过,瑞银预期BAT将于今年下半年正式推出这项新产品,而实际成果可能要到明年以后才能观察到。目前思摩尔股价为2025年市盈率约42倍,相较...
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