大行评级丨大和:上调安踏目标价至108港元,重申“买入”评级

中金财经
Aug 27

  大和证券发表研报,安踏上半年业绩表现强劲,为中国体育用品行业中最亮眼的股份。在全球体育用品行业普遍下调指引的背景下,安踏管理层仍维持所有品牌的销售及经营利润率指引,相信安踏、Amer Sports及Asics可能是少数维持或上调指引的品牌。该行指,安踏及FILA的海外收入有望从目前的约20亿元逐步提升至中期的100亿元,预期在三至五年内将为总销售贡献超过10%。大和将安踏2026及2027年经常性纯利预测上调1%及5%,即使明年没有重大体育赛事举行,仍对其利润增长具信心,重申“买入”评级,目标价由93港元上调至108港元。   

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