6 11, ZTE opened low and moved low, reaching a minimum of 32.3 yuan/share. As of press time, ZTE’s quotation is 32.43 yuan per share.
Yesterday, ZTE and three major operator industry partners gathered together to hold the "5G New Growth ZTE 5G Innovation Solution Conference" in Beijing to jointly discuss the new growth path of 5G, from the capabilities, performance, efficiency, etc. of 5G networks discussion.
5G-related industries and listed companies have recently received market attention. ZTE had a total of 6 securities companies release research reports in June, all of which were rated "buy" and "recommended".
Essence Securities released a research report saying that ZTE (000063.SZ) enterprise information business has derived a second growth curve. The company's revenue from 2021 to 2023 is expected to be 120.198 billion yuan (+18.5%), 136.413 billion yuan (+13.5%), and 150.88 billion yuan (+10.6%) respectively. ); net profits were 6.339 billion yuan (+48.8%), 8.532 billion yuan (+34.6%), and 10.119 billion yuan (+18.6%) respectively, and the corresponding PEs were 24/18/15. The company is given a PE of 35 times in 2021, corresponding to a market value of 221.9 billion and a target price of 48.09 yuan. Maintain "Buy-A" investment rating.
Similarly, Minsheng Securities are also very optimistic about ZTE. The main reasons for recommendation include: 1) The share of finalists in the operator's centralized procurement projects has increased significantly, the performance in 21 is expected, and the gross profit margin is expected to be boosted; 2) The third phase of 5G centralized procurement pattern is previewed, and the company's domestic and overseas market share will continue to increase. . Risk warning: Domestic and foreign 5G construction falls short of expectations; domestic market competition intensifies; Sino-US trade friction intensifies. The average target price of
6 brokerages is 46 yuan, which is more than 40% higher than the current stock price.
In this regard, stock investors also said that there is a normal callback, Wuhu will take off after the holiday!
It can be seen that not only securities firms have high expectations for ZTE, but investors also have high investment enthusiasm for ZTE.
