CICC: Maintain "Outperform" rating on Anta Sports (02020), target price of HK$120.92.

According to the China Securities Journal APP, Zhijintong Financial APP learned that CICC has released a research report stating that it basically maintains the EPS forecast of ANTA Sports (02020) for 2025/26 at 4,82/5.47 yuan. The current stock price corresponds to 19/17 times the 2025/26 P/E ratio, maintaining a rating of outperforming the industry and a target price of HK$120.92, corresponding to 23/20 times the 2025/26 P/E ratio, with potential upside of 19%.