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Prada, record on the Hong Kong Stock Exchange

Shares hit $71 all-time high – Supporting the trend were favorable results over the past 9 months.

Prada, record on the Hong Kong Stock Exchange

Prada's record on the Hong Kong Stock Exchange, where during the last session the share of the Italian fashion house gained 10,1%. The shares have reached the maximum price of dollars 71 of Hong Kong, the highest level since listing in June 2011. The trend was supported by favorable results over 9 months, which have allowed the shares to gain 80% on an annual basis. 

However, Nomura's analysts maintained their 'neutral' opinion on Prada shares, with an unchanged target price of 70 Hong Kong dollars, believing that the shares have limited further growth potential.

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