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《大行報告》花旗料李寧(02331.HK)上季零售銷售鞏固 重申「買入」評級
阿思達克 01-29 14:17
花旗發表報告指,近期中資體育服飾商股價表現疲弱,主因市場憂慮低線城市及冬季服飾類別零售銷售或會放軟,及部分品牌或有新一輪渠道庫存問題。

該行預期,李寧(02331.HK)去年第四季零售銷售表現鞏固,線下渠道料可有雙位數增長,較第三季錄介乎低單位數下跌至持平表現有改善。另外,雖然2019年下半年的基數較高,但該行料集團的電商渠道銷售在去年下半年仍有逾20%的按年增長,可維持上半年的勢頭。

花旗重申李寧股份「買入」評級,目標價62.15元,相信集團較少受到低線城市及冬季服飾類別銷售疲軟影響。該行在內地體育服飾板塊偏好滔搏(06110.HK)及李寧。

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