《大行》大和升康师傅(00322.HK)目标价至12元 评级降至“跑输大市”

阿斯达克财经
26 Mar

大和发表研究报告指,康师傅(00322.HK) 目标今年收入按年低单位数增长。对于今年首季,即食面及饮料的收入增长均落后于全年目标,惟管理层预计业务将于旺季追落后。

大和认为,康师傅去年提价后,其经典即食面及1升饮料的市占率回升步伐仍低于管理层预期,而提价带动的利润率扩张将在下半年越具挑战。由于集团面对剧烈的竞争,且利润扩张可见度减弱,将评级由“持有”降至“跑输大市”。但该行上调集团2025至26年的盈测8至10%,目标价由10元上调至12元。(sl/u)(港股报价延迟最少十五分钟。沽空资料截至 2025-03-26 12:25。)

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