On April 29, Western Securities Co.Ltd(002673) issued a research report, saying that it gave a buy rating of Luzhou Laojiao Co.Ltd(000568) (000568.sz, latest price: 255.58 yuan). The reasons for rating mainly include: 1) the medium and high-grade upgrading in 2020 will significantly promote the development of high-quality performance; 2) In the first quarter, the business tax increased, the profit growth was slightly lower than the income, and the performance elasticity in the later quarter was optimistic. Risk tips: the demand falls, the upward rating is less than expected, and the nationalization process of Tequ is less than expected.
AI comments: Luzhou Laojiao Co.Ltd(000568) in the past month, it has received 14 research reports from securities companies and bought 12. The average target price is 300.24 yuan, 44.66 yuan higher than the latest price of 255.58 yuan, and the average target price has increased by 17.48%.
(Daily Economic News)
