You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》摩通下調李寧(02331.HK)目標價至56.4元 上季業績大致符預期
阿思達克 10-27 11:11
摩通發表報告指,李寧(02331.HK)第三季零售流水按年錄得中單位數增長,大致符合預期。管理層指,在零售環境不確定的情況下,全年指引目標下調為單位數銷售增長,而利潤率亦面臨壓力。庫存水平保持健康,約為5個月,管理層會優先考慮門店效率和供需平衡,對明年門店擴張持保守態度,以實現長期可持續增長。 考慮到宏觀不確定性,摩通將李寧今年至後年盈利預測下調5至10%,目標價下調至56.4元。該行指,李寧目前股價意味著2024年市盈率15倍,而2024年至2025年盈利年複合增長率為19%,對於作為中國第二大運動服飾品牌的李寧,估值具吸引力,維持「買入」評級。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account