Orient Securities Company Limited(600958) gave Sanan Optoelectronics Co.Ltd(600703) buy rating: rapid growth of compound semiconductor

Orient Securities Company Limited(600958) on April 30, the research report said that it gave a buy rating of Sanan Optoelectronics Co.Ltd(600703) (600703.sh, latest price: 25.1 yuan). The reasons for rating mainly include: 1) rapid growth of compound semiconductor business; 2) Miniled ushers in large-scale commercial; 3) The prosperity of traditional LED chip industry has improved. Risk prompt: inventory impairment risk; Trade friction causes short-term disturbance to business; Led demand is lower than expected; Miniled and compound semiconductors are not progressing as expected.

AI comments: Sanan Optoelectronics Co.Ltd(600703) in the past month, it has received the attention of 6 research reports of securities companies, bought 3 and increased its holdings of 2. The average target price is 32.61 yuan, which is 7.51 yuan higher than the latest price of 25.1 yuan, and the average target price increases by 29.92%.

(Daily Economic News)

 

- Advertisment -