Southwest Securities Co.Ltd(600369) gives China Film Co.Ltd(600977) buy rating, outstanding performance in Spring Festival, industry impact, Q1 performance under pressure

Southwest Securities Co.Ltd(600369) 05 released a research report on April 4, giving China Film Co.Ltd(600977) ( China Film Co.Ltd(600977) .sh, latest price: 10.23 yuan) a buy rating. The reasons for rating mainly include: 1) strong creative ability of high-quality products, and many produced films won the box office champion; 2) The distribution of film and television works leads the country, and the cinema coverage ensures the lower limit of box office; 3) AI enables the city system to subvert the audition experience of the cinema. Risk warning: the risk of intensified market competition, repeated epidemic, business integration or less than expected, franchise business or less than expected.

AI comments: China Film Co.Ltd(600977) in the past month, it has received two research reports from securities companies. It has bought one and increased its holdings of one. The average target price is 11.3 yuan, which is 1.07 yuan higher than the latest price of 10.23 yuan, and the average target price increases by 10.46%.

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