J.P. Morgan published a research report stating that Li Ning's order performance in the second quarter of 2011 was weak, maintaining the stock's “neutrality”. The target price was lowered by 22.7% to 19.4 yuan to reflect the predicted price-earnings ratio of 16 times in 2011. The following is Motong's latest investment rating for mainland retail stocks. Stock name/investment rating/target price Li Ning (02331-HK) /neutral/25.1 - > 19.4 yuan. China trend (03818-HK) /holdings reduction/3.2 yuan. Anta Sports (02020-HK) /increased holdings/17.5 yuan. Express International (01368-HK) /increase holdings/7.1 yuan. Belle International (01880-HK) /increased holdings/15 yuan. Golden Eagle Trading (03308-HK) /increased holdings/23.5 yuan. New World Department Store (00825-HK) /increased holdings/7.8 yuan. Baisheng Group (03368-HK) /neutral/12.2 yuan.
摩根大通对内地零售股最新投资评级及目标价(表) ；续评安踏等增持
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