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《大行报告》花旗料李宁(02331.HK)上季零售销售巩固 重申「买入」评级
阿思达克 01-29 14:17
花旗发表报告指,近期中资体育服饰商股价表现疲弱,主因市场忧虑低线城市及冬季服饰类别零售销售或会放软,及部分品牌或有新一轮渠道库存问题。

该行预期,李宁(02331.HK)去年第四季零售销售表现巩固,线下渠道料可有双位数增长,较第三季录介乎低单位数下跌至持平表现有改善。另外,虽然2019年下半年的基数较高,但该行料集团的电商渠道销售在去年下半年仍有逾20%的按年增长,可维持上半年的势头。

花旗重申李宁股份「买入」评级,目标价62.15元,相信集团较少受到低线城市及冬季服饰类别销售疲软影响。该行在内地体育服饰板块偏好滔搏(06110.HK)及李宁。

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