-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點摘要如下：我們將百威英博（ABI）的12個月目標價從92美元上調至94美元。這意味著其2026年本益比為20.8倍，高於業界預期平均本益比12.5倍及五年歷史平均本益比17.6倍。我們的相對估值反映了ABI財務狀況的改善，包括獲利能力和負債水準的提升，這將轉化為可觀的利潤。我們看好ABI，因為其利潤率在業界領先（過去12個月息稅前利潤率：26.4%，而同業平均為17.4%），預計隨著銷售前景的改善，其利潤率將進一步提高。 我們將2026年EPADS預期值從4.41美元上調至4.50美元，2027年預期值從4.95美元上調至5.08美元。我們認為，外匯交易的不利因素仍將持續存在，但鑑於ABI交易量強勁復甦以及各項策略驅動因素的正面發展，這些不利因素不會阻礙其維持成長動能。鑑於ABI強大的全球投資組合及其在主要市場中穩健的市場份額，我們對ABI的成長前景充滿信心。
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