《大行報告》大摩相信安踏(02020.HK)股價30日內將升 評級「增持」
摩根士丹利發表技術意見報告表示,相信安踏體育(02020.HK)股價30日內將升,料發生機率70%至80%,維持對其「增持」,目標價133元,相當於預測今年綜合市盈率35倍。
該行指,安踏目前股價相當於2023年預測市盈率為20倍,如果疫情影響消退,再加上明年內地宏觀經濟形勢好轉,目前估值並不昂貴。
大摩認為,安踏近期股價疲軟,反映8月底至9月因疫情導致的消費需求疲軟。因此,第三季平淡的銷售趨勢和即將到來的黃金周影響有限。此外,如果內地疫情管控措施無變,該股可能會保持疲軟,但相信短期內不會大幅下跌。相反,如果有關於疫情管控措施的潛在變化消息,該股將會有強烈和積極的反應。因此認為該股風險回報在短期內偏向於上升。
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