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《大行報告》摩通下調金沙、澳博、新濠、美高梅及永利澳門評級 全線降目標價
阿思達克 10-08 12:24
摩根大通發表報告,基於澳門近期博彩業趨勢並不理想,貴賓廳業務存不明朗因素,市場同業有下調濠賭股預測的風險,該行看好行業前景的看法有所減弱,料澳門博彩業明年重返正常水平憧憬正減弱,並認為濠賭股目前風險與回報比率不吸引。

該行表示,決定下調對金沙中國(01928.HK)、澳博控股(00880.HK)、新濠國際(00200.HK)及美高梅中國(02282.HK)的投資評級,均由「增持」降至「中性」,並將永利澳門(01128.HK)評級由「增持」一舉降至「減持」,在行業中僅對銀娛(00027.HK)維持「增持」評級。

摩通表示,下調對銀河娛樂目標價由70元降至63元,調低金沙中國目標價由39元降至33元,將澳博目標價由11元降至9.5元,調低美高梅目標價由12元降至9元,將新濠國際目標價由20元降至13.5元,並將永利澳門目標價由17.5元降至11元。

該行估計澳門2020年賭收為616億澳門元將按年跌79%、估計澳門明年賭收為2,080億澳門元將按年升2.38倍、料2022年賭收為2,921億澳門元將按年升40%,對比2018年賭收為3,017億澳門元。

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