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Macquarie: Assigns Anta a "Outperform" rating, with market share expected to continue rising this year.
On March 20, Jin Shi Data reported that Macquarie published a research report, believing that Anta Sports (02020.HK) is expected to continue to increase its market share by 2025. Currently, it predicts that the annual revenue may rise by 12% year-on-year, with Anta brand, FILA, and other brands' revenues expected to rise by 8%, 5%, and 41.5% respectively. The bank still believes that Anta brand's retail sales in the first quarter of this year are likely to achieve the annual high single-digit percentage growth target, and the contribution from new stores will be a key driver. The rating is "outperform the market" with a target price of HKD 132.