《大行报告》汇丰研究上调安踏(02020.HK)目标价至99.3元 评级「买入」
汇丰研究发表报告,指安踏(02020.HK)第三季销售动力开始回复。管理层预期可以持续至第四季,看好网上销售、新推出的冬季系列,虽然预期经营溢利仍较去年低,因需加大折扣以达库存目标。
该行指,公司转型至直销,相信可以带动增长,升2020-22年盈利预测2-3%,同时预期在2019-21年收入复合增长率可达20%,重申「买入」评级,目标价由92.6元升至99.3元。
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