Lates News

Zhito Finance APP has learned that Daiwa issued a research report stating that it has raised the target price of Samsonite (01910.HK) from HK$17.8 to HK$18.2, reiterated the "Buy" rating, and maintained the valuation basis of 12 times the average earnings per share forecast for 2026 to 2027. The bank pointed out that Samsonite's business trends in the third quarter were slightly better than expected at the time of the September update, and it is expected that third-quarter sales at constant exchange rates will decline by 0.5% year-on-year, outperforming the 2% year-on-year decline in the second quarter.