Citi published a research report and included Anta Sports on the 30-day short-term purchase watch list, believing that Anta's retail sales data for the second quarter was in line with expectations, that the Anta brand and FILA's second-quarter retail sales recorded a low year-on-year increase in the number of units, and that channel inventory and retail discounts for FILA and the Anta brand were well controlled. Citi maintains Anta's “buy” rating, with a target price of HK$108.8, corresponding to the projected price-earnings ratio of 20 times in 2026. It is still listed as the preferred stock in China's sporting goods industry, and its valuation is attractive.
Zhitongcaijing · 2d ago
Share
Listen to the news
Citi published a research report and included Anta Sports on the 30-day short-term purchase watch list, believing that Anta's retail sales data for the second quarter was in line with expectations, that the Anta brand and FILA's second-quarter retail sales recorded a low year-on-year increase in the number of units, and that channel inventory and retail discounts for FILA and the Anta brand were well controlled. Citi maintains Anta's “buy” rating, with a target price of HK$108.8, corresponding to the projected price-earnings ratio of 20 times in 2026. It is still listed as the preferred stock in China's sporting goods industry, and its valuation is attractive.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending