Cinda securities issued a research report on March 17, saying that it maintained the buying rating of Shede Spirits Co.Ltd(600702) ( Shede Spirits Co.Ltd(600702) .sh, latest price: 179.51 yuan). The reasons for rating mainly include: 1) strong sustainability of income growth and obvious improvement of employee incentive; 2) Effective implementation of the dual brand strategy and accelerated follow-up of capacity recovery; 3) The channel continues to be optimized and the strong market is stronger. Risk warning: repeated epidemic situation leads to the slowdown of mobile sales; The nationwide expansion was less than expected.
AI comments: Shede Spirits Co.Ltd(600702) in the past month, it has received 7 research reports from securities companies and bought 4. The average target price is 247 yuan, which is 67.49 yuan higher than the latest price of 179.51 yuan, and the average target price increases by 37.6%.
