大行评级|大摩:上调京东物流目标价至12.5港元 维持“与大市同步”评级
摩根士丹利指,京东物流估值动能将由今明两年利润率推动,公司对科技创新的专注或带来上望空间。基于平衡的风险回报,大摩维持对该股“与大市同步”评级。该行预测,扣除少数权益,今年非国际财务报告准则净利润将按年升13%至78亿元,主要是受惠于收购跨越物流的少数权益及内生盈利增长。该行大致维持对公司今明两年经调整EBITDA预测,目标价上调8%至12.5港元。
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