ANTA Sports Products (ANPDF) Upgraded by Zacks Investment Research to “Buy”

ANTA Sports Products (OTCMKTS:ANPDF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Thursday. The firm presently has a $5.75 price target on the stock. Zacks Investment Research‘s target price would indicate a potential upside of 10.84% from the company’s previous close.

According to Zacks, “ANTA Sports Products Limited designs, develops, manufactures, trades, distributes, and markets sportswear in the People’s Republic of China. The company’s products include footwear, apparel, and accessories for professionals and the general public. ANTA Sports Products Limited is headquartered in Jinjiang City, the People’s Republic of China. “

Shares of OTCMKTS ANPDF remained flat at $$5.19 during midday trading on Thursday. The stock had a trading volume of 6,969 shares, compared to its average volume of 916. ANTA Sports Products has a 1-year low of $4.00 and a 1-year high of $5.80. The firm has a market cap of $13.93 billion, a price-to-earnings ratio of 30.52, a PEG ratio of 1.11 and a beta of 0.52.

ANTA Sports Products Company Profile

ANTA Sports Products Limited designs, researches, develops, manufactures, markets, trades in, and retails sporting footwear, apparel, and accessories in the People's Republic of China. The company offers sportswear, including running, boxing, basketball, female fitness, cross-training, skiing, soccer, football, outdoor, and lifestyle products, as well as sports fashion clothing, kid's sports fashion clothing and sportswear, and leisure footwear products under the DESCENTE, FILA, FILA KIDS, KINGKOW, KOLON SPORT, SPRANDI, ANTA, and ANTA KIDS brands.

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