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《大行報告》麥格理下調李寧(02331.HK)目標價至105元 評級「跑贏大市」
阿思達克 04-20 10:14
麥格理下調李寧(02331.HK)目標價4%至105元,評級「跑贏大市」。同時將2022財年和2023財年的淨利潤預測分別下調4%,以反映疫情對次季影響。 麥格理指,李寧首季銷售額反映3月下半月銷售下降。該行認爲,地方政府對疫情防控措施造成的物流問題,以及去年棉花事件造成的高基數,可能會對次季的銷售數字造成短期壓力。不過,該行相信李寧經得起挑戰,因其財務狀況穩健,且截至3月份的庫存週轉率仍然健康。
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