瑞銀:升騰訊(0700.HK)目標價至460港元 評級“買入”
瑞銀髮表報告指,騰訊(0700.HK)
管理層透露四大主營業務支付、理財、保險及信貸均實現獨立盈利,預期隨着騰訊未來繼續提高有效實收率及降低補貼,對支付業務的中短期發展感到期待,料可成為集團未來增長引擎之一。
報告指出,騰訊於中國人民銀行託管資金的額外0.35%利息,可令每年利潤增加近20億元(人民幣,下同),加上更多理財和信貸產品推出市面,相信有助降低成本及增加變現機會。
瑞銀表示,雖然預期競爭對手推出的新遊戲將佔據不少市場份額,但相信騰訊今年還將推出更多重磅手機遊戲,廣告業務料可改善,加上Supercell的國際收入有助抵銷部分影響,將第四季收入預測下調2.6%至1,046億元,但在長視頻及支付業務支持下繼續看好騰訊,將目標價從410港元上調至460港元,維持“
買入
”評級。
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