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《大行報告》花旗升安踏(02020.HK)目標價至98.5元 評級「買入」
花旗發表研究報告指,安踏(02020.HK)旗下的Amer上市將對其估值產生多重影響,包括在公開市場得到融資、減少Amer債務、提高收入的透明度。不過,Amer上市讓市場有多一個更具流動性的投資渠道進入Amer的非中國業務,而Amer的季度業績或會令投資者的預測更加不穩定。該行預計,安踏對Amer的貨幣化將僅限於未來1至2年內的少數股權出售。 該行將集團今明兩年盈測上調4%,由96.4元升至98.5元,維持「買入」評級。
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