野村证券发布研报称,给予药明生物(02269)“买入”评级,将其目标价由19.3港元上调58.5%至30.59港元。因管理层在JPM医疗保健会议期间更新了2024财年签署的综合项目数量创历史新高(151个,而该行之前预测为91个),野村将药明生物的2024及2025年度收入预测上调7%及9.8%,2024及2025年度盈利预测上调8.3%/11.4%。
该行对药明生物2024及2025年度的收入预测比彭博共识高出2.8%/1.8%,而该行的盈利预测比彭博共识低7.9%及8.9%,主要由于野村对利用率的毛利率预测更为审慎(2024及2025年度同比下降1.1个百分点/同比增加0.3个百分点)。
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