Citigroup: Maintains a "buy" rating on Anta Sports (02020) with a target price raised to 108.8 Hong Kong dollars.

date
08/06/2026
According to the Zhitong Finance and Economics APP, Citibank released a research report stating that it has updated the model of ANTA Sports (02020) to reflect its joint venture company Amer Sports' guidance increase, as well as the company's possible payment of funds for the acquisition of Puma by the end of the third quarter of 2026. Citibank maintains a "buy" rating for ANTA Sports, with a target price raised from HK$107 to HK$108.8, an increase of 1.7%.