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大行評級丨大和:升特步目標價至6.7港元,出售K-Swiss及Palladium後盈利能見度將顯著改善
格隆匯 05-21 13:54
大和發表報吿,引述特步(1368.HK)管理層指,第二季至今零售流水按軌道錄得按年增長,折扣水平及渠道庫存均有改善,維持今年整體收入增長逾10%的指引不變,Saucony&Merrell品牌的收入則增長30%至40%。該行維持其買入評級,認為出售K-Swiss及Palladium後,盈利能見度將顯著改善,推動盈利預測提升及評級重估,目標價由6港元上調至6.7港元。該行將特步今年至2026年每股盈利預測上調3%至5%,以反映出售K-Swiss及Palladium品牌後的重新整合,以及相關交易的財務影響。
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