Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
RTNominal down76.950 -1.450 (-1.849%)

03/07/2020 15:17

{I-bank focus}Goldman lowers Anta Sports (02020) to HK$75

[ET Net News Agency, 3 July 2020] Goldman Sachs lowered its target price for Anta
Sports Products (02020) to HK$75 from HK$78 and maintained its "buy" rating.
The research house revised down Anta's 2020/21 net income estimates by 8%/1% but kept
its 2022 numbers largely unchanged, reflecting the wider losses from Amer but still solid
sales momentum in China especially for Fila brand.
Goldman believes Anta's strong execution should continue to drive the improvement in
China business and Fila brand should turn positive sales growth in 1H, though discount
remains aggressive.
But visibility in Amer's outlook remains low with COVID concerns in the US/Europe and
consumers turning more sensitive on pricing. (KL)

Remark: Real time quote last updated: 25/09/2020 17:59
  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 2020 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.