大和:上调361度(01361)目标价至5.4港元 维持“跑赢大市”评级

智通财经
Aug 20

智通财经APP获悉,大和发布研报称,将361度(01361)目标价由4.7港元上调至5.4港元,对应未来12个月预测市盈率7.5倍,维持"跑赢大市"评级。大和指出,361度上半年收入年度同比增长8%,毛利率达41.8%,净利润年度同比增长8%,表现符合该行及市场预期,有望达成今年全年收入增长8%至10%、毛利率41%至42%及净利润录得增长的指引。

该行认为,361度将受惠于中国K型消费趋势,具性价比定位令其表现较同业更具韧性,公司近期任命前耐克中国销售副总裁Simon Men,并预期将有更多顶级国际品牌人才加入,产品、渠道及执行能力有望改善。明年第一及第二季361度将举办新品订货会,大和估计届时订单可录得高单位数增长。

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