瑞信升安踏(2020.HK)目标价至58.3港元维持“中性”评级
瑞信发表报告指,安踏体育(02020.HK)在沽空机构浑水发第五份沽空报告后公布盈喜,预期今年上半年收入及经营利润分别录得35%及50%的按年强劲增长,较市场预期高5%及7%。

该行表示,虽然安踏上半年表现稳健及优於预期,但仍然预料进入今年下半年及明年,其增长势头将会放慢,主要由於高基数及休闲运动服市场的竞争激烈。瑞信预计,集团旗下「Fila」品牌的收入增长将由今年上半年的60%至65%,放慢至下半年的增长约50%,及明年的增长约30%。
瑞信表示,上调对安踏今明两年的盈利预测分别4.6%及4.9%,以反映上半年表现较预期为佳。此外,股份目标价由55.5港元上调至58.3港元,维持“中性”评级。
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