Soochow Securities Co.Ltd(601555) maintain Kede Numerical Control Co.Ltd(688305) overweight rating

Soochow Securities Co.Ltd(601555) 04 released a research report on April 30, saying that it maintained the overweight rating of Kede Numerical Control Co.Ltd(688305) ( Kede Numerical Control Co.Ltd(688305) .sh, latest price: 57.23 yuan). The reasons for rating mainly include: 1) the revenue side basically meets the expectations, and non recurring factors affect the growth rate of short-term profits; 2) The new orders are in good condition and the operating cash flow is abundant; 3) Continue to invest in high R & D and be optimistic about the growth under the release of production capacity. Risk tip: the production expansion plan is less than expected, and the business volume is less than expected.

AI comments: Kede Numerical Control Co.Ltd(688305) in the past month, it has received the attention of 6 research reports of securities companies, bought 2 and increased 3, with an average target price of 75.89 yuan, 18.66 yuan higher than the latest price of 57.23 yuan, and the average target price increased by 32.61%.

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