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BOCOM International Holdings Company Remains a Buy on ANTA Sports Products (ANPDF)

Tipranks - Tipranks - Sat Mar 28, 12:16AM CDT

In a report released yesterday, from BOCOM International Holdings Company maintained a Buy rating on ANTA Sports Products, with a price target of HK$108.70. The company’s shares closed last Wednesday at HK$75.50.

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Currently, the analyst consensus on ANTA Sports Products is a Strong Buy with an average price target of HK$105.73, which is 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.

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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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