大摩：美团-W(03690)盈利能力路线图清晰评级“增持”

智通财经网05-28

智通财经APP获悉，摩根士丹利发布研报称，维持美团-W(03690)增持评级，目标价维持120港元不变。该行维持美团的盈利预测，并继续假设外卖业务每单单位经济效益自2027年起达到1元人民币(下同)，而在基本情境下，到店、酒店及旅游业务的经营利润率将由目前的25%逐步恢复至2030年料达30%。该行预测美团第一季核心本地商业(CLC)经营损达43亿元，并预计将在第二季实现收支平衡。在阿里承诺大幅...

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kk9
05-28
kk9
套牢了吧，嘴好硬啊[开心]

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14:24","market":"fut","language":"zh","title":"大摩：美团-W(03690)盈利能力路线图清晰 评级“增持”","url":"https://stock-news.laohu8.com/highlight/detail?id=2638657709","media":"智通财经网","summary":"该行维持美团的盈利预测，并继续假设外卖业务每单单位经济效益自2027年起达到1元人民币(下同)，而在基本情境下，到店、酒店及旅游业务的经营利润率将由目前的25%逐步恢复至2030年料达30%。","content":"<p style=\"text-align: left;\">智通财经APP获悉，<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>发布研报称，维持<a href=\"https://laohu8.com/S/03690\">美团-W</a>(03690)增持评级，目标价维持120港元不变。该行维持<a href=\"https://laohu8.com/S/MPNGY\">美团</a>的盈利预测，并继续假设外卖业务每单单位经济效益自2027年起达到1元人民币(下同)，而在基本情境下，到店、酒店及旅游业务的经营利润率将由目前的25%逐步恢复至2030年料达30%。</p><p style=\"text-align: left;\">该行预测美团第一季核心本地商业(CLC)经营损达43亿元，并预计将在第二季实现收支平衡。在<a href=\"https://laohu8.com/S/BABA\">阿里</a>承诺大幅收窄即时零售亏损后，美团迈向盈利能力的路线图清晰度显著提升。业务板块方面，大摩预计美团第一季到店、酒店及旅游(IHT)业务的总交易额(GTV)及收入将分别同比增长10%及9%，经营利润季按季大致持平于41亿元，经营利润率为25%。新业务方面，旗下海外业务<span>Keeta</span>今年将专注于巩固现有市场，沙特阿拉伯的单位经济效益持续改善，香港市场维持盈利。</p>","source":"highlight_zhitongcaijin","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta 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}\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大摩：美团-W(03690)盈利能力路线图清晰 评级“增持”\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-28 14:24 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1447061.html><strong>智通财经网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，摩根士丹利发布研报称，维持美团-W(03690)增持评级，目标价维持120港元不变。该行维持美团的盈利预测，并继续假设外卖业务每单单位经济效益自2027年起达到1元人民币(下同)，而在基本情境下，到店、酒店及旅游业务的经营利润率将由目前的25%逐步恢复至2030年料达30%。该行预测美团第一季核心本地商业(CLC)经营损达43亿元，并预计将在第二季实现收支平衡。在阿里承诺大幅...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1447061.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://img.zhitongcaijing.com/image/20260528/20260528142526_77095.png?x-oss-process=image/format,jpg/quality,Q_80/resize,w_250","relate_stocks":{"LU0228659784.USD":"施罗德金砖四国基金","LU0314109678.HKD":"MANULIFE GF DRAGON GROWTH \"AA\" (HKD) INC","MPNGY":"美团ADR","LU1328615791.USD":"FULLERTON LUX FUNDS - ALL CHINA EQUITIES \"I\" (USD) ACC","LU0370786039.SGD":"Fidelity Greater China A-SGD","LU2148510915.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"R\" (USD) ACC","LU1064130708.USD":"FULLERTON LUX 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大摩：美团-W(03690)盈利能力路线图清晰 评级“增持”

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大摩：美团-W(03690)盈利能力路线图清晰评级“增持”