Group 1 - The core viewpoint of the article is that Anta Sports' (02020) performance in the first half of the year met expectations, with a revenue increase of 14% year-on-year to 38.544 billion RMB, surpassing forecasts [1] - Gross profit also rose by 13% year-on-year to 24.425 billion RMB, indicating strong operational performance [1] - The company has adjusted its retail sales target for the Anta brand to a mid-single-digit growth for this year, reflecting confidence in achieving double-digit growth due to strong performance across all brands and stable performance from Fila [1] Group 2 - The target price for Anta Sports has been raised from 108.6 HKD to 114.2 HKD, maintaining a "Buy" rating [1] - Earnings forecasts for the next two years have been increased by 1% and 3%, respectively, while revenue forecasts have been raised by 3% each [1]
大华继显:升安踏体育(02020)目标价至114.2港元 评级“买入”