01913 PRADA
- 61.600
- -2.400-3.75%
PRADA News
Tianfeng Securities: First payable to Prada (01913) “increase in holdings” rating, revenue and net profit increased steadily last year
Tianfeng Securities estimates that the revenue for Prada (01913) from 2024 to 26 will be 5.106 billion, 5.525 billion, and 6.01 billion euros, respectively.
Prada (01913.HK): Luxury industry leader, China leads market growth
A global leader in the luxury industry, its many fashion brands are redefining contemporary luxury. The Prada Group is a global leader in the luxury industry and a pioneer in unconventional dialogue with contemporary society in different cultural fields. Owned by the company
Express News | Tianfeng Securities gave Prada an initial rating for increasing its holdings.
Bank Rating | Citibank: Raising Prada's Target Price to HK$65.5 to Maintain a “Neutral” Rating
Glonghui, May 11 | Citigroup released a research report saying that due to stronger than expected retail sales in Europe and Japan and Miu Miu's strong growth, Prada's sales for the first quarter of 2024 were about 2% higher than expected, so the company's forecast was raised. The target price was raised from HK$62.5 to HK$65.5, maintaining a “neutral” rating. According to the report, the retail trend in April was consistent with the first quarter of 2024. Due to Miu Miu's high retail assumptions, the bank raised the Group's revenue growth forecast for FY2024 by 13% based on a fixed recovery rate, and remained largely unchanged for FY25. Coupled with the reduction in foreign exchange disadvantages, this
Prada Group Signals It Is Open to M&A, as It Amps Up Investments in Industrial Structure
Prada Heir Says Italian Luxury Group Is Open to Doing More MA
Prada Heir Says Group Always Looking for M&A Opportunities
Changes in Hong Kong stocks | Prada (01913) rose more than 6% in the afternoon to a new high, first-quarter sales beat expectations, Miu Miu grew strongly
Prada (01913) rose more than 6% in the afternoon, reaching a new high of HK$66.4 since December 2013. As of press release, it rose 5.55% to HK$65.6, with a turnover of HK$65,149,900.
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Yum! Brands (YUM), Prada SpA (OtherPRDSF) and Marriott International (MAR)
Express News | Li Jiachao: Will seek to open up more “individual tourist” cities to Hong Kong
Prada SpA's Dividend Analysis
Analysts Conflicted on These Consumer Cyclical Names: Prada SpA (OtherPRDSF), Ford Motor (F) and Domino's Pizza (DPZ)
Bank Rating | Jefferies: Raising Prada's Target Price to HK$64 to Maintain “Hold” Rating
Jefferies published a research report. Prada's strong performance in the first quarter shows that in the face of unstable demand in the luxury goods industry, the difference in performance between winners and laggards is getting bigger. The group's brand Miu Miu continues to drive growth. Investors are expected to be happy that the strong growth trend will continue into the second quarter. However, Jefferies cautioned that it is currently unclear whether Prada's strong performance represents the latest developments in a wider range of industries. The company maintains a “holding” rating. The target price was raised from HK$58 to HK$64.
Big Bank Ratings | Damo: Raising Prada's target price to 67 Hong Kong heads of state's quarterly performance is positive
Glonghui, April 26 | Morgan Stanley published a report. Due to Prada's positive performance, the target price was raised from HK$65 to HK$67, and the rating “increased”. According to the bank, the Group's organic year-on-year growth rate in the first quarter was 16.5%, higher than market expectations of 13.7%. First-quarter revenue was also 2.3% higher than market expectations. The increase in performance was mainly due to the strong performance of its Miu Miu subsidiary. Management said during the conference call that the 2025 store opening plan includes Miu Miu's net increase of 10 to 15 stores and Prada's net increase of 5 to 10 stores.
CICC: Maintaining Prada's (01913.HK) “Outperform the Industry” rating target price and raising the target price to HK$75
CICC released a research report stating that maintaining the Prada (01913.HK) “outperforming the industry” rating, based on the continued strong momentum of the Prada and Miu Miu brands, raised the 2024 and 2025 revenue forecasts by 3% to 5.196 billion euros and 5.616 billion euros, and raised the 2024 and 2025 net profit forecasts 7% and 6% to 757 million euros and 867 million euros based on the faster growth rate of the leather goods sector with impressive profit margins. The company announced the 1Q24 revenue update: Group revenue increased +16% year-on-year at a fixed exchange rate, financial report disclosed
Prada (01913.HK): Q24 revenue growth accelerates and the Asia-Pacific region remains strong
Company news: Prada Group (1913.HK) announced 1Q24 revenue update: Group revenue increased +16% year over year under fixed exchange rate and +12% year over year to 1.19 billion euros under financial disclosure standards, surpassing Bloomberg
Jefferies Adjusts Prada's Price Target to HK$64 From HK$58, Keeps at Hold
04:58 AM EDT, 04/25/2024 (MT Newswires) -- Jefferies Adjusts Prada's Price Target to HK$64 From HK$58, Keeps at Hold Price (HKD): $61.65, Change: $+0.55, Percent Change: +0.90%
Prada Logs 11.5% Growth in Q1 Net Revenue
Prada (HKG:1913) posted total net revenue of 1.19 billion euros in the first quarter, up 11.5% at current exchange rates from 1.06 billion euros a year earlier, according to a Wednesday filing with th
Bernstein Sticks to Its Hold Rating for Prada SpA (PRDSF)
UBS: Reiterates Prada's (01913) “Buy” Rating Target Price Increase to HK$76.5
UBS raised Prada Group's earnings per share by about a single digit.
Analysis
Price Target
No Data
