安踏体育：All eyes on 4Q24E for the room of re-rating

14 Oct 2024 Earnings Summary CMB International Global Markets | Equity Research | Company Update Anta Sports (2020 HK) All eyes on 4Q24E for the room of re-rating Even though Anta results were a miss in 3Q24, thanks to robust performance during the 10-1 National Day holidays and rollout of many government stimulus, we are positive about its 4Q24E outlook. We are still cautious about its FY24E sales growth but remain confident on the net profit margin. Maintain BUY and raise TP to HK$ 126.68, based on 23x FY ...