国泰海通:维持滔搏“增持”评级 目标价3.81港元

新浪港股
Dec 24, 2025

国泰海通发布研报称,滔搏(06110)Q3销售金额跌高单,基本延续H1趋势,预计26财年关店大幅减少,维持全年指引不变。NIKE与公司加强合作,回收老旧库存、减少促销力度,考虑到短期终端零售仍面临压力,该行小幅下调公司盈利预测。该行预计FY2026/27/28公司归母净利润分别为12.5/14.5/17.2亿元,给予FY2027PE15X,按照1港元=0.92人民币换算,对应目标价3.81港元/股...

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