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23888 MB-BSD @EC2506A (CALL)
RT Nominal up0.190 +0.014 (+7.955%)

28/06/2024 15:11

{I-bank focus}BOCI raises Bosideng (03998) to HKD5.2

[ET Net News Agency, 28 June 2024] BOCI raised the target price for Bosideng (03998) to
HKD5.2 from HKD4.3 and upgraded the rating to "buy" from "hold".
The research house said achieving a 43% EPS growth, Bosideng's FY24 earnings were 8%
above market expectations, despite an already very high expectation. The results have
demonstrated that it is a very rare brand being able to mitigate macro headwinds and
maintain decent pricing and retail discount. (rc)

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