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<Research>HSBC Research: PRADA (01913.HK) 2H Sales Growth to Slightly Slow; TP Cut to $66, Rating Kept at Buy
HSBC Global Research issued a research report saying that luxury brand PRADA (01913.HK) significantly outperformed its peers in sales growth in 1Q25, and expecting its advantage in...
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<Research>HSBC Research: PRADA (01913.HK) 2H Sales Growth to Slightly Slow; TP Cut to $66, Rating Kept at Buy
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HSBC Global Research issued a research report saying that luxury brand PRADA (01913.HK)  -0.550 (-1.133%)    Short selling $1.19M; Ratio 5.723%   significantly outperformed its peers in sales growth in 1Q25, and expecting its advantage in 2Q25 to sustain. The Group may enhance its operating profit margin this year.

However, considering the slight slowdown in sales growth in 2H25 and 2H26, HSBC Global Research cut its target price from $68 to $66. Given the brand's potential upside of 38%, the broker kept rating at Buy.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-25 12:25.)

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