瑞银发表研究报告指，携程(TCOM.US) 去年第四季收入按年升23.4%，胜于预期，而非通用会计准则营运利润率按年跌4个百分点至21.7%。集团销售与行销投资增加推动其海外业务加速增长，按年升逾70%。鉴于外发展势头良好管理层打算优先考虑长期增长而非短期获利，这可能会对2025年的利润率造成压力。
该行表示，将携程首季收入预测上调1%至138亿元人民币，同时将非通用会计准则营运利润率预测下调至28.2%，并将今年及明年每股盈利预测各下调5.6%及3.2%。该行将携程(TCOM.US) 目标价由80美元下调至76美元，将携程-S(09961.HK) 目标价由621元降至588元，相当预测今年市盈率20.8倍，维持其“买入”评级。(ca/w)(港股报价延迟最少十五分钟。沽空资料截至 2025-02-25 16:25。) (美股为即时串流报价； OTC市场股票除外，资料延迟最少15分钟。)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.