大和:升好孩子國際(1086.HK)目標價至2.7港元 評級降至優於大市
大和發表研究報吿指,好孩子國際(1086.HK)昨日因“三孩政策”消息帶動上升31%,該行認為,新政策對好孩子長遠有利,惟其短期財務表現不會顯著受惠於內地的三孩政策。由於股價上升空間有限,因此大和已將其評級由買入下調至優於大市,但目標價則從2.4港元上調至2.7港元。同時將其2021年每股盈利預測下調3%,以反映其利潤率逆風情況持續增加,但上調2022-23年每股盈利預測4%,以反映新政有助提高銷售。
另外,好孩子將與上海迪士尼度假區進行合作,據此,集團將向上海迪士尼度假區供應嬰兒車用於出租。大和認為,上述合作只是市場推廣計劃,對提振銷售作用有限。

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