The Zhitong Finance App learned that CICC released a research report stating that it maintained Samsonite (01910.HK)'s “outperforming the industry” rating and raised the target price by 5% to HK$21, corresponding to 43% upward space. The target price is based on 12 times the 2027 price-earnings ratio. The current stock price corresponds to the 2026 and 2027 price-earnings ratios of 10.1 times and 8.1 times, respectively. Considering that BÉIS has been consolidated since the fourth quarter of 2026, and that better-than-expected global travel demand will drive sales growth and release operating leverage, the bank raised its 2026 and 2027 revenue forecasts by 2% and 8%, respectively, and raised the 2026 and 2027 net profit forecasts by 6% and 11%, respectively.

Zhitongcaijing · 1d ago
The Zhitong Finance App learned that CICC released a research report stating that it maintained Samsonite (01910.HK)'s “outperforming the industry” rating and raised the target price by 5% to HK$21, corresponding to 43% upward space. The target price is based on 12 times the 2027 price-earnings ratio. The current stock price corresponds to the 2026 and 2027 price-earnings ratios of 10.1 times and 8.1 times, respectively. Considering that BÉIS has been consolidated since the fourth quarter of 2026, and that better-than-expected global travel demand will drive sales growth and release operating leverage, the bank raised its 2026 and 2027 revenue forecasts by 2% and 8%, respectively, and raised the 2026 and 2027 net profit forecasts by 6% and 11%, respectively.