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《大行報告》匯豐研究削安踏(02020.HK)目標價28%至103.3元 評級「買入」
阿思達克 07-20 12:23
匯豐研究發表報告,預料安踏體育(02020.HK)上半年集團收入按年升15.6%,其中安踏、FILA及其他品牌的上半年收入分別按年看升10%、14%及70%,主要受惠零售業務的營運槓桿,並料FILA及其他品牌的上半年營運利潤率分別回復至25%及22%,同時預計公司上半年純利按年升26%至45.48億元人民幣。該行表示,將公司今年全年純利預測上調3.7%至95.9億元人民幣,全年收入增長預測則由原先14.1%上調至17.3%。 報告稱,考慮修訂對其加權平均資本成本(WACC)預測,由原先6.2%上調至7.7%;目標價相應由143元削減28%至103.3元,維持其評級為「買入」。
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