Core Viewpoint - UBS reports that Samsonite (01910) appears to be oversold, with a significant short position of $206 million in the U.S. and a record coverage period of 28.5 days, indicating potential for a positive turnaround in earnings forecasts and valuation reassessment [1] Group 1: Financial Performance - UBS has raised its target price for Samsonite from HKD 17.4 to HKD 24.1, upgrading the rating from "Neutral" to "Buy" [1] - The company’s revenue is regaining momentum, with the impact of U.S. tariffs appearing to be milder than expected [1] - The adjusted EBITDA for the company is projected to grow by 8% year-on-year next year, benefiting from a 5% revenue growth and operational leverage [1] Group 2: Market Outlook - Improved operational performance is expected to enhance the visibility of the company's secondary listing in the U.S., potentially driving a reassessment of its valuation [1] - As the investor base expands, Samsonite's valuation is anticipated to align more closely with global industry peers in the medium to long term [1]
瑞银：新秀丽(01910)收入正重新获得动能 上调评级至“买入”