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《大行報告》大和下調特步(01368.HK)評級至「持有」 削目標價至2.6元
阿思達克 07-03 14:34
大和發表報告表示,特步國際(01368.HK)6月份核心品牌銷售差過預期,而5月份銷售錄單位數升幅,公司管理層透露將會下調新產品之零售價,該行相信將會不利其盈利表現,因此將其評級由「買入」降至「持有」,以反映毛利率受壓及新收購之虧損業務為公司帶來的不確定因素。

該行表示,下調特步國際2020至2022年盈利預測各27.9%、22.4%及23%,目標價相應由3.3元降至2.6元,此相當今年下半年至明年上半年預測市盈率10倍。

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