Shengang Securities maintains the buy rating of Weixing New Materials

ShengangsecuritiesPublished on February 28Research reportsay, maintainWeixing New Materials(002372.SZ, latest price: 23.15 yuan) Buy rating.The reasons for the rating mainly include: 1) The profit is slightly lower than our expectation due to the fluctuation of investment income, and the high revenue against the trend increases the company’s excellent quality; 2) The increase in raw material prices has been effectively dealt with through product price increases, and grossinterest rateThe recovery is imminent; 3) The periodic impact of investment income fluctuationsperformance, despite the fog, the performance growth is still stable; 4) During the trough period of the industry, the company’s excellent operating quality is the leader; 5) It is recommended to pay attention to the flexibility of the company’s municipal engineering business under the background of stable growth. Risk warning: The completion of real estate is less than expected, the proportion of refined decoration has accelerated, and the price of raw materials has risen sharply.

AI comments:Weixing New Materials1 in the past monthbrokerageThe research report is concerned, buy 1, and the average target price is 28.9 yuan, which is 5.75 yuan higher than the latest price of 23.15 yuan, and the average target price increases by 24.84%.

(Article source: Daily Economic News)

Article source: Daily Economic News

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Original title: Shengang Securities maintains Buy rating of Weixing New Materials: High income growth, slight fluctuations in profit, steady growth and continuous realization