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02331 LI NING
RTNominal up86.250 +0.150 (+0.174%)
Research Report

17/08/2021 17:25

{I-bank focus}Macquarie raises Li Ning (02331) to HK$119

[ET Net News Agency, 17 August 2021] Macquarie raised its target price for Li Ning
(02331) to HK$119 from HK$108 and maintained its "outperform" rating.
The research house said with the pick-up in margins relative to peers, it believes the
company can start to reinvest in building a sustainable growth trajectory going forward on
the back of the tailwind from government policy support and ongoing improvement to become
more efficient in channel, retail and supply chain going forward. (RC)

Remark: Real time quote last updated: 30/11/2021 14:06
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