Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
01913 PRADA
RTNominal up58.050 +0.200 (+0.346%)
Others

13/09/2018 13:56

[I-bank focus]HSBC upgrades Prada (01913) to "buy"

[ET Net News Agency, 13 September 2018] HSBC Global Research maintained its target
price for Prada SPA (01913) unchanged at HK$41, but upgraded its rating to "buy" from
"hold".
The research house said Prada shares are down 34% since their HK$47.80 May peak and HSBC
believes upgrades of estimates are coming.
More importantly, the market has taken a clear view that luxury demand is about to slow
sharply. While the research house makes the case that indeed luxury demand should slow, it
is more linked to the law of large numbers and the sector entering year three of a
recovery that started late 2016 rather than an underlying real inflexion in demand.
HSBC forecast a 25% EPS CAGR for the three years ahead. (KL)

Back to Others

Remark: Real time quote last updated: 19/04/2024 18:00
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.