Guolian Securities Co.Ltd(601456) maintain Jiangsu Zhongtian Technology Co.Ltd(600522) overweight rating: gradually peel off commodity trade and expose the top corner of “good business and good cycle”, with a target price of 21 yuan

Guolian Securities Co.Ltd(601456) 05 released the Research Report on April 4, saying that the overweight rating of Jiangsu Zhongtian Technology Co.Ltd(600522) ( Jiangsu Zhongtian Technology Co.Ltd(600522) .sh, latest price: 16.35 yuan) was maintained, and the target price was 21 yuan. The reasons for rating mainly include: 1) high performance in 2022q1 and lagging cash flow due to the impact of the epidemic; 2) “A better life for optoelectronic network”, and continue to enjoy the development dividend. Risk tips: 1) the installed capacity of sea breeze is less than expected; 2) Power investment is less than expected; 3) Market competition intensifies.

AI comments: Jiangsu Zhongtian Technology Co.Ltd(600522) in the past month, it has received five research reports from securities companies. It has bought three and increased its holdings of two. The average target price is 21 yuan, which is 4.65 yuan higher than the latest price of 16.35 yuan, and the average target price has increased by 28.44%.

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