Guosheng securities issued a research report on April 29, giving Grandblue Environment Co.Ltd(600323) ( Grandblue Environment Co.Ltd(600323) .sh, latest price: 18.48 yuan) a buy rating. The reasons for rating mainly include: 1) the net profit of 2022q1 decreased due to the influence of gas sector; 2) The solid waste and drainage sectors have achieved high growth and look forward to the favorable price of gas in the future; 3) The profit margin decreases and the expense rate during the period decreases; 4) Vertical and horizontal integration of large solid wastes and expansion of new energy application layout. Risk tips: the production progress of solid waste projects is less than expected, the industry competition intensifies, the risk of policy changes, etc.
AI comments: Grandblue Environment Co.Ltd(600323) has received attention from 8 research reports of securities companies in the past month, including 6 purchases and 2 holdings. The average target price is 24 yuan, which is 5.52 yuan higher than the latest price of 18.48 yuan, and the average target price increases by 29.87%.
