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瑞信升智美体育(01661.HK) 目标价至7元

瑞士信貸 ·  Nov 24, 2015 16:17  · Researches

According to a report published by Credit Suisse, Wisdom Sports (01661.HK) raised its earnings per share forecast for next year and 2017 by 37% and 45%, and the target price was raised from 5.2 to 7 yuan, maintaining the “outperform the market” rating. Earlier, Smart Sports announced the schedule of sports events to be held next year, involving 35 marathons, which far exceeded the bank's original expectations. It is estimated that the company's sports revenue and gross profit will rise by 176% and 121% respectively next year, accounting for 72% and 77% of the total. The report continued that the company's non-racing programs include 75 cycling events and 1,500 CBL basketball league games. The bank was pleasantly surprised by the increase, believing that these non-racing events will become an important driving force for the company's long-term growth.

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