《大行報告》摩通升普拉達(01913.HK)目標價至29元評級「增持」
摩通發表研究報告指,普拉達(01913.HK)將於8月1日公布上半年業績,該行預料成績不理想,銷售按固定匯率計下跌1%,按當前匯率計則上升2%至15.46億歐元,當中已計及減少宣傳活動及略正面的正價銷售所導致的近2個百分點負面影響。若預測正確,那是自2018年上半年首次出現成功轉勢訊號後,又再次錄得自然銷售下跌1%的失望表現。
該行指,明白到6月份正價銷售的趨勢已略為好轉,不過對上半年業務仍未有足夠影響力,而稍為令人鼓舞的,就是見到尼龍袋銷售特別成功。摩通表示,銷售疲弱將引發去槓桿,預料EBITDA按年下跌7%至2.51億歐元,EBIT下跌11%至1.41億歐元,盈利則增長11%至1.17億歐元。但仍將其目標價由28元升至29元,以反映浮動匯率風險下降,並維持評級「增持」。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.