On April 30, Western Securities Co.Ltd(002673) the research report said that it maintained the overweight rating of Flat Glass Group Co.Ltd(601865) (601865.sh, latest price: 28.44 yuan). The reasons for rating mainly include: 1) the company achieved a simultaneous increase in volume and profit in the first quarter, and the proportion of double glass continued to increase; 2) The company has signed long sales orders with many enterprises to ensure the stable growth of future performance; 3) Large scale production capacity continued to rise, further consolidating the leading position of the company. Risk tip: the PV installed capacity is less than expected, and the policy promotion is less than expected.
AI comments: Flat Glass Group Co.Ltd(601865) in the past month, it has received 10 research reports from securities companies, bought 6 and increased its holdings of 4. The average target price is 31.08 yuan, which is 2.64 yuan higher than the latest price of 28.44 yuan, and the average target price increases by 9.28%.
(Daily Economic News)