一、核心观点与评级中金公司 发布研报,维持安踏体育(02020)目标价120.92港元,并维持“跑赢行业”评级。基于2025/26年EPS预测4.81/5.42元不变,当前股价对应17/15倍市盈率,而目标价对应23/20倍市盈率,较当前股价有35%的上行空间。公司公告显示,2025年第二季度营运情况表现稳健,安踏品牌和FILA品牌流水分别实现低单位数和中单位数增长,其他品牌流水同比增长50-...
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