【券商聚焦】交银国际维持新东方(09901)买入评级料短期整体业绩增长仍受东方甄选业务不确定性影响

金吾财讯11-07

金吾财讯 | 交银国际发研报指，认为新东方(09901)短期整体业绩增长仍然将受到东方甄选业务的不确定性影响，但教育及文旅业务仍表现稳健，虽然东方甄选利润贡献仍有不确定性，但对新东方整体利润/亏损贡献较小，我们按公司整体给予25倍市盈率（12个月利润，截至2026年2月），对应目标价75港元/105美元（EDU US），现价对应2025/26财年18/14倍市盈率，对应45%/33%利润增速，维持买入评级。

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【券商聚焦】交银国际维持新东方(09901)买入评级 料短期整体业绩增长仍受东方甄选业务不确定性影响

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【券商聚焦】交银国际维持新东方(09901)买入评级料短期整体业绩增长仍受东方甄选业务不确定性影响