Core Viewpoint - UBS report indicates that Samsonite's stock price fell approximately 16% in 2023 primarily due to declining profits [1] Group 1: Financial Performance - The decline in stock price is attributed to a decrease in profits [1] - However, unfavorable factors affecting revenue in 2024 are expected to lessen, potentially improving business travel demand and driving profit recovery [1] Group 2: Future Outlook - A potential secondary listing in the U.S. could expand the shareholder base and facilitate a revaluation [1] - Since 2018, Samsonite has restructured its supply chain, with limited impact from Trump's tariff policies [1] Group 3: Target Price and Rating - UBS raised the target price from HKD 28 to HKD 29.8 while maintaining a "Buy" rating [1]
瑞银：将新秀丽目标价上调至29.8港元