大行评级｜大和：新东方盈利增长能见度更清晰，目标价上调至57港元

中金财经01-30

大和发表研报指，新东方2026财年次季度业绩胜市场预期，主要受惠于其教育业务盈利能力改善及东方甄选的贡献。鉴于K12及海外留学业务收入增长强于预期，公司上调2026财年收入增长指引，由5%至10%，上调到8%至12%。该行认为，在效率提升及东方甄选收入贡献的推动下，公司盈利增长能见度更为清晰。基于东方甄选盈利预测上调，该行将新东方2027至2028年每股盈利预测上调0.4%至1.4%，重申“买入”...

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