大行评级｜招银国际：上调阿里巴巴目标价至158.8美元评级“买入”

格隆汇09-02

招银国际发表研究报告，基于总和估值法(SOTP)，将阿里巴巴的目标价从141.2美元上调至158.8美元，反映中国电商集团(ACEG)更乐观的业务发展前景，及云智能集团(CIG)因收入增长前景改善而提升的估值，目标价相当于2026财年、2027财年非公认会计准则市盈率20倍及16倍，评级“买入”。该行对其2026财年收入预测基本不变，但将2027、2028财年收入预测上调1%及3%，非公认会计准则...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2564987816?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2025-09-02 13:11","share_image_url":"https://static.laohu8.com/6b8fa6424aebe95f6781d04ef17a1852","id":"2564987816","market":"hk","top_or_hot":-1,"title":"大行评级｜招银国际：上调阿里巴巴目标价至158.8美元 评级“买入”","media":"格隆汇","content":"<div>\n<p>招银国际发表研究报告，基于总和估值法(SOTP)，将阿里巴巴的目标价从141.2美元上调至158.8美元，反映中国电商集团(ACEG)更乐观的业务发展前景，及云智能集团(CIG)因收入增长前景改善而提升的估值，目标价相当于2026财年、2027财年非公认会计准则市盈率20倍及16倍，评级“买入”。该行对其2026财年收入预测基本不变，但将2027、2028财年收入预测上调1%及3%，非公认会计准则...</p>\n\n<a href=\"https://www.gelonghui.com/rss/live/live.xml\">网页链接</a>\n\n</div>\n","source":"live_gelonghui","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>大行评级｜招银国际：上调阿里巴巴目标价至158.8美元 评级“买入”</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n大行评级｜招银国际：上调阿里巴巴目标价至158.8美元 评级“买入”\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-09-02 13:11 北京时间&nbsp;&nbsp;&nbsp;<a href=https://www.gelonghui.com/rss/live/live.xml><strong>格隆汇</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>招银国际发表研究报告，基于总和估值法(SOTP)，将阿里巴巴的目标价从141.2美元上调至158.8美元，反映中国电商集团(ACEG)更乐观的业务发展前景，及云智能集团(CIG)因收入增长前景改善而提升的估值，目标价相当于2026财年、2027财年非公认会计准则市盈率20倍及16倍，评级“买入”。该行对其2026财年收入预测基本不变，但将2027、2028财年收入预测上调1%及3%，非公认会计准则...</p>\n\n<a href=\"https://www.gelonghui.com/rss/live/live.xml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0918141705.HKD","symbol_name":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AM\" (HKD) INC","start_time":0,"source_url":"https://www.gelonghui.com/rss/live/live.xml","article_id":"2564987816","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2564987816","pubTimestamp":1756789894,"columns":[],"sourceInfo":{"source_id":"live_gelonghui","name":"格隆汇"},"weMediaInfo":null,"summary":"招银国际发表研究报告，基于总和估值法(SOTP)，将阿里巴巴的目标价从141.2美元上调至158.8美元，反映中国电商集团(ACEG)更乐观的业务发展前景，及云智能集团(CIG)因收入增长前景改善而提","collect":0,"end_time":0,"defaultTopTitle":"gelonghui.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"LU0918141705.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AM\" (HKD) INC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4575":"芯片概念","LU1769817096.USD":"UBS (LUX) EQUITY SICAV - GLOBAL EMERG MARKETS OPPO \"P\" (USD) INC","BK4558":"双十一","BK4587":"ChatGPT概念","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","09988":"阿里巴巴-W","BK4505":"高瓴资本持仓","BK4535":"淡马锡持仓","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU1769817179.HKD":"UBS (LUX) EQUITY SICAV - GLOBAL EMERG MARKETS OPPO \"P\" (HKD) INC","LU0651947912.USD":"BGF EMERGING MARKETS EQUITY INCOME \"A5G\" (USD) INC","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4081":"电力公用事业","BK4538":"云计算","LU1046421795.USD":"富达环球科技A-ACC","BK4579":"人工智能","BK4588":"碎股","BK4122":"互联网与直销零售","LU0047713382.USD":"BGF EMERGING MARKETS \"A2\" ACC","BK4548":"巴美列捷福持仓","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BABA":"阿里巴巴","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU1152091754.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" (HKD) INC","LU2226246903.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT4\" (HKD) ACC","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0328353924.USD":"UBS (LUX) EQUITY SICAV - GLOBAL EMERGING MARKETS OPPORTUNITY (USD) \"P\" (USD) ACC","BK4607":"DeepSeek概念股","LU1048588211.SGD":"Blackrock Asian Dragon A2 SGD-H","CIG":"Energy Company of Minas Gerais","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","BK4554":"元宇宙及AR概念","BK4581":"高盛持仓","BK4543":"AI","BK4527":"明星科技股","BK4531":"中概回港概念","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","BK4526":"热门中概股","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4503":"景林资产持仓","LU0918141887.USD":"安联亚洲实际收益股票基金"},"translate_title":"Big Bank Ratings | CMB International: Raised Alibaba's target price to US $158.8, rating \"buy\"","themeId":"93bd88e143de2a72c2759722b1e5ade1","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09988":0.6,"CIG":1,"BABA":1,"ALBmain":1},"content_text":"招银国际发表研究报告，基于总和估值法(SOTP)，将阿里巴巴的目标价从141.2美元上调至158.8美元，反映中国电商集团(ACEG)更乐观的业务发展前景，及云智能集团(CIG)因收入增长前景改善而提升的估值，目标价相当于2026财年、2027财年非公认会计准则市盈率20倍及16倍，评级“买入”。该行对其2026财年收入预测基本不变，但将2027、2028财年收入预测上调1%及3%，非公认会计准则净利润预测各上调2%。","kind":"live","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2564987816","isCrawlerRequest":true}

大行评级｜招银国际：上调阿里巴巴目标价至158.8美元 评级“买入”

精彩评论

大行评级｜招银国际：上调阿里巴巴目标价至158.8美元评级“买入”