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麥格理:重申李寧(2331.HK)跑贏大市評級 目標價升80%至108港元
格隆匯 07-02 12:48

麥格理髮研報指,重申李寧(2331.HK)“跑贏大市”評級,目標價由60港元大幅提升80%至108港元,上調公司今明年盈利預測43%/26%,預計2021-25年收入年複合增長率約19%。公司在運動風潮中的勢頭強勁,較國際品牌少受地緣政治風險影響,受益於近期抵制國際品牌及內地消費者對國產品牌的偏好上升,行業獲得重新評級。麥格理預計,公司今財年的營業利潤率將超20%,由於利潤率恢復強於預期並比預期快。

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