--- title: "《大行》花旗料申洲明年销量仍有高单位数增长 吁趁低吸纳目标价 94 元" description: "花旗研究报告指出，尽管耐克对未来的展望较为谨慎，但申洲国际在 2026 年仍有望实现高单位数的销量增长。花旗建议投资者在股价回调时买入，目标价为 94 元，并给予「买入」评级。" type: "news" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/270439935.md" published_at: "2025-12-22T03:57:15.000Z" --- # 《大行》花旗料申洲明年销量仍有高单位数增长 吁趁低吸纳目标价 94 元 > 花旗研究报告指出，尽管耐克对未来的展望较为谨慎，但申洲国际在 2026 年仍有望实现高单位数的销量增长。花旗建议投资者在股价回调时买入，目标价为 94 元，并给予「买入」评级。 花旗研究报告指，耐克 (NKE.US) 指引 2026 财年第三季收入将有低单位数下跌，符合市场预期的下跌 1%。在第二财季业绩中，北美市场呈现强劲复苏，收入上升 9%，主要由批发业务增长 24% 带动，但增长很大程度上被大中华区收入下跌 16% 所抵消。 申洲国际 (02313.HK) 管理层近期已给予保守预期，料 2025 年下半年销量增长放缓至中单位数，低於该行先前预期的高单位数。该行认为其预测已大致反映耐克谨慎前景所带来的影响。 不过，该行预期耐克对申洲国际 2026 年的销售订单将持平，而非下跌。基於四大客户的订单能见度，申洲国际在 2026 年仍有望实现高单位数销量增长。该行认为若申洲国际股价因耐克的谨慎展望而出现回调，将会是更好的买入机会；现予目标价 94 元及「买入」评级。 ### Related Stocks - [SHZHY.US - 神舟国际(ADR)](https://longbridge.com/zh-CN/quote/SHZHY.US.md) - [02313.HK - 申洲国际](https://longbridge.com/zh-CN/quote/02313.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Looking Into Altria Group Inc's Recent Short Interest | Altria Group Inc's short interest has decreased by 7.37%, with 44.24 million shares sold short, representing 2.64% of av | [Link](https://longbridge.com/zh-CN/news/276075820.md) | | BASF To Increase BDO Production In Ludwigshafen | BASF SE :BASF SUPPORTS EUROPEAN BDO SUPPLY SECURITY THROUGH INCREASED PRODUCTION IN LUDWIGSHAFEN | [Link](https://longbridge.com/zh-CN/news/276046129.md) | | Prospera Financial Services Inc Trims Stake in American International Group, Inc. $AIG | Prospera Financial Services Inc reduced its stake in American International Group, Inc. (AIG) by 69.6% in Q3, holding 8, | [Link](https://longbridge.com/zh-CN/news/276049798.md) | | CSPC Pharmaceutical says ropivacaine long-acting injection approved for clinical trials in China | CSPC Pharmaceutical says ropivacaine long-acting injection approved for clinical trials in China | [Link](https://longbridge.com/zh-CN/news/276051793.md) | | Lam Research Corporation $LRCX Shares Acquired by Assetmark Inc. | Assetmark Inc. increased its stake in Lam Research Corporation (NASDAQ:LRCX) by 5.3% in Q3, owning 284,257 shares valued | [Link](https://longbridge.com/zh-CN/news/275971359.md) | --- > **免责声明**：本文内容仅供参考，不构成任何投资建议。