中金:上调安踏(2020.HK)目标价至94.64港元 评级“优于大市”
中金发表研究报告指,安踏体育(2020.HK)旗下安踏及FILA品牌的销售在三季度增长显示出韧性,而其他子品牌亦具潜力,遂维持“优于大市”的投资评级,并上调目标价约26%至94.64港元。
中金指,安踏将全年销售目标定在10亿元人民币,其线上销售增速加快,渠道库存周期及零售折扣维持在相对健康的水平。尽管基数较高,但FILA品牌销售仍稳健成长。此外,Descente品牌在其他子品牌中表现最好。
中金又认为,香港零售环境料对公司影响有限,因香港在FILA销售占比仅有大约5%,在集团层面的影响更小。
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.