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Topsports International Holdings Limited (HK:6110)
HKEX:6110
Holding HK:6110?
Track your performance easily
See the Price Targets and Ratings of:
6110 Analyst Ratings
Hold
0 Buy
3 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
6110 Stock 12 Month Forecast
Average Price Target
HK$2.79
▼(-0.71% Downside)
| Highest Price TargetHK$3.20 | Average Price TargetHK$2.79 | Lowest Price TargetHK$2.58 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
CMB International Securities
Downgraded
10/28/24
Macquarie
Reiterated
10/25/24
HSBC
Reiterated
10/10/24
Morgan Stanley
HK$4.2→HK$3.7
Buy
31.67%
Upside
Reiterated
09/11/24
Topsports Intl Holdings (6110:HK) PT Lowered to HK$3.70 at Morgan StanleyMorgan Stanley analyst Dustin Wei lowered the price target on Topsports Intl Holdings (6110:HK) to HK$3.70 (from HK$4.20) while maintaining a Overweight rating.
Bank of America Securities
HK$4.3→HK$3
Hold
6.76%
Upside
Downgraded
09/11/24
BofA Securities Downgrades Topsports Intl Holdings (6110:HK) to NeutralBofA Securities analyst Lucy Yu downgraded Topsports Intl Holdings (6110:HK) from Buy to Neutral with a price target of HK$3.00 (from HK$4.30).
Citi
HK$2.55
Hold
-9.25%
Downside
Downgraded
09/10/24
Citi Downgrades Topsports Intl Holdings (6110:HK) to NeutralThe analyst said: "After market close September 10, Topsport issued a profit warning and expects its NP to decline by ~35% YoY in 1HFY25 (in Mar-Aug) due to: (1) YoY sales decline (with undisclosed magnitude) on weakened consumer demand and falling footfall and operating deleverage (especially for offline channel); (2) YoY GPM contraction on YoY widened retail discount at the group level, with YoY increased offline retail discount and YoY higher sales contribution from online business (which has higher retail discount than offline business). We expect Topsports’ sales decline magnitude to be similar to that of the second-biggest China sportswear retailer of Pou Sheng, whose sales fell by 10% YoY in Mar-Aug 2024 (ie, -9% YoY in Mar-May and -11% in Jun-Aug). Per mgmt, Topsports’ retail discount for its two principal brands – Nike and Adidas) – was higher than that for non-principal brands...We downgrade our rating on Topsports from Buy to Neutral. Its 8-10% dividend yield prevents us from cutting it to a negative rating."
Jefferies
HK$7.9
Buy
181.14%
Upside
Reiterated
05/23/24
We believe Topsports executed its strategy well but weaker-than-expected demand in China during the winter hurt growth and inventory management. We expect demand to remain the core point of debate for Topsports. We trim our earnings forecasts and DCF-based PT. *The results: For the 6-month period ended in Feb 2024, Topsports' revenue came in weaker than our forecast. This was likely driven by disappointing winter retail (despite easy comps). Topsports' margins also came in slightly weaker than our forecasts. The slower demand likely drove more markdowns during the winter. Having said that, we think Topsports' execution in the difficult macro environment was better than that of peers. Inventory on Topsports' balance sheet was flat YoY, altering the declining trend in the past 18 months.
Unknown Analyst
Not Ranked
UBS
HK$7.3→HK$6.6
Buy
134.88%
Upside
Reiterated
06/28/24
Topsports Intl Holdings (6110:HK) PT Lowered to HK$6.60 at UBSUBS analyst Samuel Wang lowered the price target on Topsports Intl Holdings (6110:HK) to HK$6.60 (from HK$7.30) while maintaining a Buy rating.
Best Analysts Covering Topsports International Holdings Limited
Which Analyst Should I Follow If I Want to Buy HK:6110 and Sell After:
1 Month
xxx
Success Rate
2/4 ratings generated profit
Average Return
+7.70%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 50.00% of your transactions generating a profit, with an average return of +7.70% per trade.
3 Months
xxx
Success Rate
2/4 ratings generated profit
Average Return
+2.27%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 50.00% of your transactions generating a profit, with an average return of +2.27% per trade.
1 Year
Success Rate
2/4 ratings generated profit
Average Return
-3.08%
reiterated a buy rating 3 months ago
Copying Wei Dustin's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -3.08% per trade.
2 Years
xxx
Success Rate
2/4 ratings generated profit
Average Return
-5.80%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 50.00% of your transactions generating a profit, with an average return of -5.80% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
6110 Analyst Recommendation Trends
Rating
Apr 24
May 24
Jun 24
Sep 24
Oct 24
Strong Buy
0
0
3
4
4
Buy
2
4
4
5
2
Hold
1
1
1
3
6
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
3
5
8
12
12
Each month's total comprises the sum of three months' worth of ratings.
6110 Financial Forecast
6110 Stock Forecast FAQ
What is HK:6110’s average 12-month price target, according to analysts?
Based on analyst ratings, Topsports International Holdings Limited’s 12-month average price target is HK$2.79.
What is HK:6110’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for HK:6110, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Topsports International Holdings Limited a Buy, Sell or Hold?
Topsports International Holdings Limited has a consensus rating of Hold, which is based on 0 buy ratings, 3 hold ratings and 0 sell ratings.
What is Topsports International Holdings Limited’s share price target?
The average share price target for Topsports International Holdings Limited is HK$2.79. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$3.20 ,and the lowest forecast is HK$2.58. The average share price target represents -0.71% Decrease from the current price of HK$2.81.
The highest analyst share price target is HK$3.20 ,and the lowest forecast is HK$2.58. The average share price target represents -0.71% Decrease from the current price of HK$2.81.
What do analysts say about Topsports International Holdings Limited?
Topsports International Holdings Limited’s analyst rating consensus is a Hold. This is based on the ratings of 3 Wall Streets Analysts.
How can I buy shares of Topsports International Holdings Limited?
To buy shares of HK:6110, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.