Citigroup raises PT on Amer Sports citing growth in key business units

Amer Sports

22/09/2025 13:58

** Brokerage Citigroup raises target price on Wilson tennis racket maker Amer Sports AS.N to $50 from $42

** Says Arc’teryx and Salomon segments remain key drivers for long term growth

** Arc’teryx unit plans to expand global store footprint and grow in categories such as women’s apparel, brokerage says

**  "AS remains one of the most compelling growth stories in retail w/multiple levers of growth/margin expansion over the next 5-yrs" - Citi

** Sixteen of 20 brokerages rate the stock "buy" or higher, 4 "hold"; their median PT is $44 - data compiled by LSEG

** Upto last close, AS stock up about 34% YTD

 (Reporting by Anshi Sancheti in Bengaluru)

 ((Anshi.Sancheti@thomsonreuters.com))