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Guoyuan Securities (HK) Reaffirms Their Buy Rating on ANTA Sports Products (ANPDF)

Tipranks - Tipranks - Sun Apr 12, 12:10AM CDT

In a report released yesterday, from Guoyuan Securities (HK) maintained a Buy rating on ANTA Sports Products, with a price target of HK$101.00. The company’s shares closed last Thursday at HK$83.90.

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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$104.71 average price target, implying a 24.81% upside from current levels. In a report released on March 27, TipRanks – PerPlexity also upgraded the stock to a Buy with a HK$85.00 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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