Orient Securities Company Limited(600958) on January 10, the research report said that the purchase rating of Shandong Shida Shenghua Chemical Group Company Limite(603026) (603026.sh, latest price: 188.71 yuan) was maintained. The reasons for rating mainly include: 1) the performance growth in 2021 is expected to exceed 350%, and the performance in the fourth quarter hit a record high; 2) Battery grade solvent continues to boom, and the price profit center is expected to remain high; 3) The new material industry chain continues to extend, and platform companies are gradually taking shape. Risk tip: the sales volume of new energy vehicles is lower than expected, affecting the sales volume of solvent products; Upstream raw material price fluctuations affect solvent profitability.
AI comments: Shandong Shida Shenghua Chemical Group Company Limite(603026) in the past month, it has received the attention of three research reports of securities companies and bought two. The average target price is 262 yuan, which is 73.29 yuan higher than the latest price of 188.71 yuan, and the average target price increases by 38.84%.
(source: Daily Economic News)
