Guolian Securities Co.Ltd(601456) on February 23, the research report said that Shanghai Jin Jiang International Hotels Co.Ltd(600754) (600754.sh, latest price: 56.18 yuan) was given an overweight rating. The reasons for rating mainly include: 1) the hotel scale ranks first in China and the leading position of M & A achievements; 2) The industry is expected to start a boom upward cycle after the epidemic, and the medium and long-term growth logic is clear; 3) Jinjiang takes the lead in scale and brand advantages, focusing on the medium and high-end market with resources; 4) The deepening of internal reform is expected to boost the rapid growth of performance. Risk warning: repeated epidemic risk; The risk of intensified industry competition; Store expansion speed is lower than expected; Consolidation was lower than expected. Financial data and valuation.
AI comments: Shanghai Jin Jiang International Hotels Co.Ltd(600754) in the past month, it has received the attention of two research reports of securities companies and increased its holdings of two companies. The average target price is 65.33 yuan, which is 9.15 yuan higher than the latest price of 56.18 yuan, and the average target price increases by 16.29%.
