[Brokerage Focus] CICC cut the target price of Kingsoft Software (03888) by 18% to HK$ 63, which refers to the downward trend of the valuation center of the software sector

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[Brokerage Focus] CICC cut the target price of Kingsoft Software (03888) by 18% to HK$ 63, which refers to the downward trend of the valuation center of the software sector

凤凰网港股2021-08-04

Phoenix Hong Kong Stocks | Zhongjin Development Research Report indicated that the bank expects the second quarter of this yearKingsoftRevenue increased by 2.3% year-on-year to 1.45 billion yuan, and the expected operating profit margin was 16.8%, down 16 percentage points from the previous month, mainly due to the increase in R&D investment.

CICC kept the company's revenue and earnings forecast for this year and next unchanged, maintaining the stock's outperform rating. Considering the downward trend of the valuation center of the software segment of Hong Kong stocks, CICC adjusted the valuation method of office business from the target market capitalization method to the market capitalization method, and lowered the target price of the stock by 18% to HK$63 based on the 2021 segment valuation method.

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基金股票菜鸟
·2021-08-05
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Considering the downward trend of the valuation center of the software segment of Hong Kong stocks, CICC adjusted the valuation method of office business from the target market capitalization method to the market capitalization method, and lowered the target price of the stock by 18% to HK$63 based on the 2021 segment valuation method.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/753c9aba3202037bc97463c545d5d015","relate_stocks":{"03888":"金山软件","KSFTF":"金山软件","KC":"金山云"},"source_url":"http://hknews.szfuit.com/newRssInfo/feed?original_id=2efdd9b1040d20bb8031483ddb4169fb","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156174905","content_text":"凤凰网港股|中金发研报指，该行预计今年次季金山软件收入同比升2.3%至14.5亿元，预计运营利润率16.8%，环比下滑16个百分点，主要由于研发投入加大。中金维持公司今明两年收入和盈利预测不变，维持该股跑赢行业评级。考虑到港股软件板块估值中枢下行，中金将办公业务估值方法由目标市值法调整为市值法，基于2021年分部估值法，下调该股目标价18%至63港元。","news_type":1,"symbols_score_info":{"03888":1,"KSFTF":1,"KC":1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":false,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}