Tianfeng Securities Co.Ltd(601162) give Autel Intelligent Technology Corp.Ltd(688208) buy rating: the performance meets the expectation, and new energy products open a new growth curve

Tianfeng Securities Co.Ltd(601162) april 26 released the research report, giving Autel Intelligent Technology Corp.Ltd(688208) ( Autel Intelligent Technology Corp.Ltd(688208) .sh, latest price: 27.87 yuan) a buy rating. The reasons for the rating mainly include: 1) high growth in the revenue of new products, driven by the US and European markets; 2) After excluding short-term uncontrollable factors, the net profit attributable to the parent company increased by 54%, and increased R & D investment in intelligence and new energy; 3) Release new energy products and open a new growth curve, which is expected to start in large quantities in 2022. Risk warning: the promotion of the company’s new energy products is not as expected; The company’s R & D investment is higher than expected; Systemic risk.

AI comments: Autel Intelligent Technology Corp.Ltd(688208) in the past month, it has received attention from 4 research reports of securities companies and bought 3.

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