Yuanta Securities Upgrades ANTA Sports Products to Buy From Hold; Price Target Is HK$105.30

MT Newswires04:21 ET · Ratings

DBS Reaffirms Their Buy Rating on ANTA Sports Products (ANPDF)

TipRanks02:55 ET · Ratings

Daiwa: Reiterates ANTA SPORTS 'Buy' rating, Target Price raised to HKD 110.

Daiwa released a research report stating that it has raised the Target Price for ANTA SPORTS (02020) by 2%, from 108 HKD to 110 HKD; it reiterated the "Buy" rating, making it a top pick in the CSI China Mainland Consumer Index sector. The report mentioned that ANTA's operating data last season was strong and exceeded expectations, with FILA's retail sales (RSV) experiencing a rapid recovery, which was a huge positive surprise. The core brand is expected to continue its overseas expansion this year. Management expressed a relatively confident outlook for this year during the analyst conference call and is even more optimistic about overseas expansion. Daiwa stated that based on the encouraging sales trend, it will adjust the company's figures for 2024 to 25.

Sina Hong Kong Stocks02:39 ET

[Brokerage Focus] Huaxi maintains a "Buy" rating on ANTA SPORTS (02020), pointing out that Q4 FILA has returned to positive growth.

Jinwu Financial News | Huaxi released a Research Report indicating that ANTA SPORTS (02020) announced its operational data for Q4 2024 and the full year 2024: Q4 showed high single-digit growth for the main brand / FILA / Other with growth rates of high single-digit / high single-digit / 50-55% respectively; for the full year 2024, high single-digit growth for the main brand / mid single-digit growth for FILA / and 40-45% growth for Other. The bank's analysis: (1) The bank previously estimated that main brand revenue would grow by 10% in 2024, mainly benefiting from maintaining rapid growth online, and the continuous opening of champion stores and super ANTA stores, but due to Q3.

Jinwu Financial News02:39 ET

ANTA Sports: A Top Pick in China Sportswear With Promising Growth Drivers and Attractive Valuation

TipRanks02:35 ET

【Brokerage Focus】Guosen maintains an "outperform market" rating on ANTA SPORTS (02020), expecting the company to continue leading industry growth in 2025.

Jinguo Financial News | Guosen issued a Research Report indicating that ANTA SPORTS (02020) announced its retail performance for the fourth quarter and the whole year. In the fourth quarter of 2024, ANTA's main brand recorded a high single-digit positive growth, FILA recorded a high single-digit positive growth, and Other brands recorded a 50-55% positive growth; for the entire year of 2024, ANTA's main brand recorded a high single-digit positive growth, FILA recorded a mid single-digit positive growth, and Other brands recorded a 40-45% positive growth. The report noted that, although the fourth quarter is based on a high base, the group's various brands' sales still maintained a month-on-month increase and achieved faster growth compared to peers, with discount rates remaining stable and inventory levels maintained.

Jinwu Financial News00:56 ET