Puyin international gave Tsingtao Brewery Company Limited(600600) holding rating for the first time: the road of Centennial brand rejuvenation is blocked and the long-term target price is 95 yuan

According to the research report released by Puyin international securities on January 28, Shouyu Tsingtao Brewery Company Limited(600600) (600600.sh, latest price: 93.29 yuan) holds the rating, and the target price is 95 yuan. The reasons for rating mainly include: 1) the high-end space is afraid to be smaller than the main competitors; 2) The base market is facing fierce competition; 3) The effect of introducing strategic investors is not good.

Risk tip: downside risks include: (1) slowdown in overall industry demand; (2) Shandong's market share has been occupied; (3) The epidemic has repeatedly and continuously affected the catering industry; (4) The price rise of raw materials is higher than expected; (5) Fosun reduced its holdings on a large scale again. Upward risks include: (1) ease of industry competition; (2) The impact of the epidemic weakened; (3) Sales of high-end products were better than expected.

AI comments: Tsingtao Brewery Company Limited(600600) in the past month, it has received the attention of 6 research reports of securities companies and bought 5. The average target price is 102.43 yuan, which is 9.14 yuan higher than the latest price of 93.29 yuan, and the average target price increases by 9.8%.

- Advertisment -