Macquarie Keeps Their Hold Rating on Samsonite International SA (SMSOF)

Macquarie analyst Linda Huang maintained a Hold rating on Samsonite International SA yesterday and set a price target of HK$14.00. The company’s shares closed yesterday at $1.95.

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Huang covers the Consumer Cyclical sector, focusing on stocks such as Yum China Holdings, Samsonite International SA, and Stella International Holdings Limited. According to TipRanks, Huang has an average return of 5.8% and a 52.61% success rate on recommended stocks.

Currently, the analyst consensus on Samsonite International SA is a Moderate Buy with an average price target of $2.31, representing a 18.46% upside. In a report released on October 7, TR | OpenAI – 4o also downgraded the stock to a Hold with a HK$18.50 price target.

Based on Samsonite International SA’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $865.1 million and a net profit of $70 million. In comparison, last year the company earned a revenue of $908.9 million and had a net profit of $81.4 million