Morgan Stanley Predicts Significant Valuation Re-rating for SAMSONITE (01910), Sets Target Price at HK$24

Stock News

Yesterday

Morgan Stanley has released a research report forecasting a significant valuation re-rating for SAMSONITE (01910), driven by positive fourth-quarter prospects. Sales growth from August to October has turned positive, with U.S. air passenger traffic rising approximately 4% in October—the highest increase this year. Despite a higher wholesale base in Q4 2024, these factors support management's optimistic outlook. The bank maintains an "Overweight" rating on the stock with a target price of HK$24.

The report highlights that SAMSONITE's Q3 gross margin remained robust despite weak demand and tariff impacts, supported by improved supply chain and product management, enhanced brand value, and a manageable competitive landscape. The group's performance decline began in Q2 and Q3 2024, as global demand was hit by inflation and a reversal in travel momentum. Morgan Stanley suggests Q3 2025 could mark the start of a new cycle for the company.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1152164234"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1152164234\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1152164234?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-13 16:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1152164234","market":"fut","top_or_hot":-1,"title":"Morgan Stanley Predicts Significant Valuation Re-rating for SAMSONITE (01910), Sets Target Price at HK$24","media":"Stock News","content":"<p>Morgan Stanley has released a research report forecasting a significant valuation re-rating for SAMSONITE (01910), driven by positive fourth-quarter prospects. Sales growth from August to October has turned positive, with U.S. air passenger traffic rising approximately 4% in October—the highest increase this year. Despite a higher wholesale base in Q4 2024, these factors support management's optimistic outlook. The bank maintains an \"Overweight\" rating on the stock with a target price of HK$24.</p>\n<p>The report highlights that SAMSONITE's Q3 gross margin remained robust despite weak demand and tariff impacts, supported by improved supply chain and product management, enhanced brand value, and a manageable competitive landscape. The group's performance decline began in Q2 and Q3 2024, as global demand was hit by inflation and a reversal in travel momentum. Morgan Stanley suggests Q3 2025 could mark the start of a new cycle for the company.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Morgan Stanley Predicts Significant Valuation Re-rating for SAMSONITE (01910), Sets Target Price at HK$24</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMorgan Stanley Predicts Significant Valuation Re-rating for SAMSONITE (01910), Sets Target Price at HK$24\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-11-13 16:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Morgan Stanley has released a research report forecasting a significant valuation re-rating for SAMSONITE (01910), driven by positive fourth-quarter prospects. Sales growth from August to October has turned positive, with U.S. air passenger traffic rising approximately 4% in October—the highest increase this year. Despite a higher wholesale base in Q4 2024, these factors support management's optimistic outlook. The bank maintains an \"Overweight\" rating on the stock with a target price of HK$24.</p>\n<p>The report highlights that SAMSONITE's Q3 gross margin remained robust despite weak demand and tariff impacts, supported by improved supply chain and product management, enhanced brand value, and a manageable competitive landscape. The group's performance decline began in Q2 and Q3 2024, as global demand was hit by inflation and a reversal in travel momentum. Morgan Stanley suggests Q3 2025 could mark the start of a new cycle for the company.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1577","symbol_name":"香港本地消费股","start_time":0,"source_url":"","article_id":"1152164234","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1152164234","pubTimestamp":1763022500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Morgan Stanley has released a research report forecasting a significant valuation re-rating for SAMSONITE (01910), driven by positive fourth-quarter prospects. Sales growth from August to October has...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1577":"香港本地消费股","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","BK1500":"做空集合股","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","LU0572939691.SGD":"Janus Henderson Horizon Asian Dividend Income A2 SGD","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","SG9999004311.SGD":"Nikko AM Shenton Emerging Enterprise Discovery Fund SGD","LU0823040885.USD":"东方汇理新兴市场焦点股票基金","LU0149534421.HKD":"SCHRODER ISF HONG KONG EQ \"A\" ACC","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","LU0572940350.SGD":"Janus Henderson Horizon Asian Dividend Income A3 SGD","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU0607220059.USD":"SCHRODER ISF HONG KONG EQUITY \"A\" (USD) ACC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","SG9999011746.SGD":"PINEBRIDGE INTERNATIONAL FUNDS - ACORNS OF ASIA BA (SGD) ACC","LU0264606111.USD":"Janus Henderson Horizon Asian Dividend Income A2 USD","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","BK1227":"服装、服饰与奢侈品","BK1602":"香港零售股","01910":"新秀丽"},"translate_title":"大摩预测新秀丽(01910)估值重评目标价24港元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01910":1},"content_text":"Morgan Stanley has released a research report forecasting a significant valuation re-rating for SAMSONITE (01910), driven by positive fourth-quarter prospects. Sales growth from August to October has turned positive, with U.S. air passenger traffic rising approximately 4% in October—the highest increase this year. Despite a higher wholesale base in Q4 2024, these factors support management's optimistic outlook. The bank maintains an \"Overweight\" rating on the stock with a target price of HK$24.\nThe report highlights that SAMSONITE's Q3 gross margin remained robust despite weak demand and tariff impacts, supported by improved supply chain and product management, enhanced brand value, and a manageable competitive landscape. The group's performance decline began in Q2 and Q3 2024, as global demand was hit by inflation and a reversal in travel momentum. Morgan Stanley suggests Q3 2025 could mark the start of a new cycle for the company.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}