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《大行報告》瑞銀降申洲(02313.HK)評級至「中性」 目標價上調至215元
瑞銀髮表報告,下調對申洲國際(02313.HK)投資評級,由「買入」至「中性」,指股價抽高後其風險回報已達平衡水平,股價在其客戶如李寧(02331.HK)公佈強勁業務後上升,相信Puma及Adidas於8月公佈次季業績亦將較市場預期強勁,對申洲股價將有正面幫助,決定將申洲目標價自198元上調至215元,此相當預測2022年市盈率33倍。

惟該行指,申洲現估值相當預測2022年市盈率30倍,相信已反映市場預期其業績將表現強勁。該行認爲,申洲需要進一步取得於指引的表現,纔可獲市場上調預期。市場預期申洲2021年至2023年銷售增長15%至20%,管理層指引期間產能將增加10%至15%。

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