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《大行報告》瑞銀下調李寧(02331.HK)目標價至101.8元 評級「買入」
阿思達克 03-21 12:07
瑞銀發表報告表示,李寧(02331.HK)去年收入及純利按年增長56%及136%,意味2021年下半年收入及純利分別增長50%及102%,下半年純利增幅較該行及市場預期高出16%及27%。 報告補充,李寧管理層對2022年收入按年增長感審慎,預期增長超過15%至略高於20%。由於成本通脹和2021年零售折扣較高基數影響,管理層預期淨利率保持超過15%的水平。 瑞銀將李寧目標價由112.8元下調至101.8元,維持「買入」評級,對李寧的品牌提升、轉移至較高端城市及大型商店的購物中心的銷售渠道改善有信心。(me/s) ~
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