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UBS Keeps Their Buy Rating on ANTA Sports Products (ANPDF)

Tipranks - Tipranks - Thu Jun 4, 7:40PM CDT

In a report released on June 1, from UBS maintained a Buy rating on ANTA Sports Products, with a price target of HK$112.00. The company’s shares closed yesterday at HK$76.40.

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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$105.09 average price target, which is a 37.56% upside from current levels. In a report released on May 26, J.P. Morgan also maintained a Buy rating on the stock with a HK$130.00 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$41.68 billion and a net profit of HK$6.56 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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