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《大行報告》麥格理上調安踏(02020.HK)目標價至212元 評級「跑贏大市」
阿思達克 07-12 10:49
麥格理髮表研究報告指,安踏(02020.HK)舉行投資者日後,維持予其「跑贏大市」評級,目標價由182元升至212元。該行調升對公司2021及22年盈利預測分別2%及3%,以反映安踏品牌較高的經營利潤率。

該行預期安踏品牌零售銷售的年複合增長率將達21.5%,並直至2025年繼續擴大市佔率。報告引述公司管理層指出,中國在人均運動服裝支出方面仍遠遠落後於發達國家,而中國領先品牌繼續在鞏固市場。此外,監於市場分散,兒童運動裝的機會仍然巨大。數據顯示兒童運動服在內地整個運動服市場中的佔比僅爲7%,對比美國和英國分別爲13%和22%。

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