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大行评级 | 里昂:升农夫山泉(9633.HK)至跑赢大市评级 目标价降至47港元

Big Bank rating | Lyon: upgrade Nongfu Springs (9633.HK) to outperform the market rating target price reduced to HK $47

格隆滙 ·  Mar 30, 2021 14:15

According to the Lyon research report, 9633.HK 's performance in the second half of last year was much in line with expectations, but its revenue was 3% lower than market expectations. at the analyst meeting, management expressed confidence that sales growth would reach 15-20%, while profits for this fiscal year would remain stable, with medium-term sales growth of about 15%. The bank cut its sales forecast for 2021-22 by 0.7% Mel 1.4%, its net profit forecast by 0.3% Mel 2.7%, and its target price from HK $51 to HK $47, but its rating rose from outperforming to outperforming. The stock is now trading at HK $39.75, with a total market capitalization of HK $447.047 billion.ef7b7-25b8c8b0-2e57-43a9-a052-3f7cbb9e6c68.png

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