Orient Securities Company Limited(600958) maintain Sanquan Food Co.Ltd(002216) buy rating

Orient Securities Company Limited(600958) 04 released a research report on April 22, saying that the purchase rating of Sanquan Food Co.Ltd(002216) ( Sanquan Food Co.Ltd(002216) .sz, latest price: 19.76 yuan) was maintained, and the target price was 26.04 yuan. The reasons for rating mainly include: 1) the revenue meets the expectation, and the structural optimization is brought about by the reform of channels and products; 2) The cost optimization was significant, and the profitability of 21q4 improved more than expected; 3) 22q1 continued to improve, adding price increases to release profit elasticity. Risk tip: the performance of new products is not as expected; Channel reform is less than expected; Food safety incidents; Price rise of raw materials, etc.

AI comments: Sanquan Food Co.Ltd(002216) in the past month, it has received 10 research reports from securities companies and bought 7. The average target price is 24.45 yuan, which is 4.69 yuan higher than the latest price of 19.76 yuan, and the average target price increases by 23.72%.

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