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》高盛上調體育用品股目標價 續看好李寧(02331.HK)
高盛發表報告指,考慮到內地體育服裝銷售2022年第四季,尤其去年12月更爲低迷,將相關股份的2022年盈測下調6至68%,並微調2023至2024年的盈測以反映對復甦上的更大信心。該行相信,投資者的情緒將有改善,並更關注特步(01368.HK)、波司登(03998.HK)、滔搏(06110.HK)和寶勝(03813.HK)正常化下的增長路徑,將它們的目標價上調15至79%。 該行表示,體育服裝品牌的銷售額令人鼓舞,料品牌在以積極折扣清理淡季產品後,庫存水平得到良好管理,爲銷售增長開始後利潤率恢復鋪路。雖然該行認爲今年首兩個月的基數很高,尤其是李寧(02331.HK),惟繼續看好李寧(維持「確信買入」名單),認爲其具有強大的品牌形象、更清潔的渠道庫存和完整的長期市場份額增長。 高盛又看好安踏(02020.HK)的多品牌和在控制利潤上的執行能力;特步受惠整體市場復甦,但其庫存及折扣水平仍然高企。該行予波司登「中性」評級,因爲其業務具強烈季節性需求,料其將會是重新開放後的後期受惠者。 高盛發表研究報告, 對運動服裝股投資評級及目標價表列如下: 股份 | 投資評級 | 目標價(港元) 李寧(02331.HK) | 買入 | 72元 -> 88元 特步國際(01368.HK) | 買入 | 10.6元 -> 12.1元 滔搏(06110.HK) | 買入 | 6.4元 -> 8.5元 寶勝國際(03813.HK) | 買入 | 0.78元 -> 1.4元 波司登(03998.HK) | 中性 | 3.9元 -> 4.5元
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 this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.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.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.
uSMART
Wealth Growth Made Easy
Open Account