Huatai Securities Keeps Their Buy Rating on ANTA Sports Products (ANPDF)
In a report released yesterday, from Huatai Securities maintained a Buy rating on ANTA Sports Products, with a price target of HK$109.21. The company’s shares closed last Wednesday at HK$75.50.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for ANTA Sports Products with a HK$105.73 average price target, implying a 40.03% upside from current levels. In a report released yesterday, DBS also reiterated a Buy rating on the stock with a HK$109.00 price target.
Based on ANTA Sports Products’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$40.98 billion and a net profit of HK$6.45 billion. In comparison, last year the company earned a revenue of HK$37.09 billion and had a net profit of HK$7.88 billion
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