Bank of America Securities released a research report stating that it reaffirmed Bosideng's “buy” rating, with a target price of HK$4.6. The bank expects that due to the timing of wholesale deliveries, Bosideng's revenue for the first half of fiscal year 2027 will remain flat year on year, and net profit will record low unit growth, but maintain the profit forecast for the whole year. The bank believes that the execution of the company's direct sales channels is resilient, combined with inventory management and an attractive dividend rate of about 8%, so it maintains a positive view of Bosideng.
Zhitongcaijing · 1d ago
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Bank of America Securities released a research report stating that it reaffirmed Bosideng's “buy” rating, with a target price of HK$4.6. The bank expects that due to the timing of wholesale deliveries, Bosideng's revenue for the first half of fiscal year 2027 will remain flat year on year, and net profit will record low unit growth, but maintain the profit forecast for the whole year. The bank believes that the execution of the company's direct sales channels is resilient, combined with inventory management and an attractive dividend rate of about 8%, so it maintains a positive view of Bosideng.
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