Glonghui, January 5 | According to a rating report published by DBS, Samsonite's revenue for the current fiscal quarter is expected to be weaker than expected quarterly growth. The stock price has outperformed the Hang Seng Index by about 40% over the past 12 months. It appears that the market has profiteed activity. According to the bank, the company's sales momentum in the North American and European markets continued to return to normal this year, while both the business travel and Asian markets showed good growth, which is good for overall performance. The upcoming catalysts include a strong travel boom during the February Lunar New Year period. The company's better product portfolio and operating leverage can increase profit margins. The bank said it will maintain a positive outlook for the company, lowering the company's sales and profit forecast by 3% from 2023 to 2024, and reaching 19% of the compound annual growth rate profit forecast for 2023 to 25. The bank raised its target price from HK$43.3 to HK$43.32, maintaining its rating as “buy”.