Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>JPM Initiates Coverage on POP MART (09992.HK) w/ Rating Overweight/ TP $250 as Labubu Is Rising 'Super IP'
Recommend 10 Positive 16 Negative 15 |
||||
|
||||
|
POP MART (09992.HK) leads China's fast-growing IP merchandise market, JPMorgan released a research report saying. The broker was bullish on the Company's strong IP offering on Labubu as a rising “super IP”; global expansion ambitions and execution capabilities. JPMorgan expected its overseas sales to increase 152% YoY in 2025, with a CAGR of 42% from 2025 to 2027, accounting for 65% of sales in 2027. JPMorgan's 2025-2027 EPS forecasts are 9-15% higher than the market consensus. The broker initiated coverage on POP MART, with rating at Overweight and a target price of $250. AAStocks Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
