花旗:降颐海国际(01579)评级至“中性” 降目标价至13.7港元

智通财经
07 Apr

智通财经APP获悉,花旗发布研报称,将颐海国际(01579)的评级由“买入”降至“中性”,以反映公司盈利前景逊预期。该行预期,颐海国际不利的销售组合变化及价格竞争,对第三方业务的毛利率造成压力。考虑到对公司销售和毛利率预期被下调,该行将其今明两年的预测下调各16%及19%,目标价由16.4港元降至13.7港元。

虽然管理层仍对今年第三方销售呈双位数增长作为目标,主要动力来自于面向企业的业务、海外市场以及通过新产品推动的方便食品业务,但由于受到日历变动影响,加上恶劣天气导致小龙虾季推迟开始,令公司今年首季销售持平。

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