Tianfeng Securities maintains BOE’s A buy rating: 21 performance new high cycle gradually bottoms out, panel leader has significant advantages – yqqlm

　　Tianfeng SecuritiesPosted on April 5thResearch reportsay, maintainBOE A(000725.SZ, latest price: 4.31 yuan) Buy rating.The main reasons for the rating include: 1) The company’s full year 2021performancea record high,net profitSubstantial growth; 2) 32-inch panel prices may have bottomed out, and panel prices are expected to stabilize in 22Q2; 3) downstream demand scenario expansion + improved competition landscape, optimistic about the long-term profit center improvement. Risk warning: panel price fluctuations; less-than-expected demand; less-than-expected industrial integration; display technology upgrades and substitution risks, etc.

AI comments:BOE A4 copies in the past monthbrokerageThe research report pays attention to 4 companies, with an average target price of 5.72 yuan, which is 1.41 yuan higher than the latest price of 4.31 yuan, and the average target price increases by 32.6%.

(Article source: Daily Economic News)

Article source: Daily Economic News

Responsible editor: 65

Original title: Tianfeng Securities maintains BOE’s A buy rating: 21 achieved a new high, the cycle gradually bottomed out, and the panel leader has a significant advantage