The A-share market showed a strong and weak trend in Shanghai and Shenzhen this week. As of Friday's close, the Shanghai Stock Exchange Index rose slightly by 0.04% on the week to close at 3522.57 points; the Shenzhen Stock Exchange Component Index fell by 0.86% to close at 14029.55 points; the ChiNext Index fell by 2.72% and closed at 3034.68 points. The market conditions are not good, but this does not change the enthusiasm of securities firm researchers to "re-evaluate" the investment ratings and target prices of relevant companies based on performance forecasts. According to Flush iFinD statistics, this week (January 17th to 21st), brokerages "revised" 149 companies and gave specific target prices. Among the companies that gave specific target prices, 43 Friday's closing prices were far away from the target given by brokerage researchers. There is still more than 50% room for price growth.
Among them, Sichuan Luqiao (600039) Friday's closing price has the largest distance from the target price given by brokerage researchers. Wang Binpeng, a researcher at Huachuang Securities , pointed out in the 2021 pre-performance review report titled "Sichuan Roads and Bridges: Full-year performance exceeds expectations, optimistic about main business and new energy going hand in hand" written on January 18 that Sichuan Province's transportation investment intensity The company's management has clear goals, abundant orders, and its performance is expected to continue to grow at a high rate. In addition, the new energy business is progressing rapidly. With reference to some construction companies, construction + new energy companies and cathode material companies, we gave the company a target price of 22.2 yuan. Based on the company’s closing price of 10.91 yuan on Friday, the stock price still has room to rise by 103.48%.
html On January 18, Sichuan Luqiao released a performance forecast stating that the company expects to achieve a net profit of 5.032 billion attributable to shareholders of listed companies in 2021, a year-on-year change of 66.34%. The company stated that the main reason for the expected increase in performance was the impact of its main construction business: 1. The company improved its market development and operating capabilities, and more high-quality construction projects; at the same time, the company continued to improve its project management level and actively reduced costs and increased efficiency, making the project more profitable Gradually increase; in addition, the company has accelerated contract management work such as project changes and material adjustments, resulting in a significant increase in net profit; 2. The company has sufficient orders on hand, and its operating income in 2021 will increase significantly compared with the previous year.According to disclosures, Sichuan Road and Bridge won a total of 244 bidding projects in 2021, with a total winning amount of 100.173 billion, a year-on-year increase of 153.39%. The company's current business layout in new energy-related fields includes: 1) It plans to introduce two major strategic investors, Sichuan Energy Investment Group and BYD , to develop the energy sector and cooperate with upstream and downstream to further strengthen the market competitiveness of cathode materials; 2) Plans to invest 100 million yuan to participate in the public recruitment of investors for the bankruptcy and reorganization of phosphorus chemical companies; 3) Cooperate with Sichuan Power, BYD, and Hefeng Company jointly established a joint venture to develop Mabian County phosphate rock resources and lithium iron phosphate projects; 4) Sichuan Energy Power plans to transfer its 5% stake in Sichuan Energy Investment Lithium Industry Co., Ltd. to the company; 5) Eritrea Al The Smara copper-gold polymetallic mine project has completed temporary works such as access road paving, on-site surveying and detailed design of direct sales mine development in 2021.
In addition, Tianci Materials’ closing price on Friday was more than double the target price space given by brokerage researchers. Huachuang Securities researcher Peng Guangchun wrote in a performance preview review report entitled "Tianci Materials: Profit continues to be high, integration + new generation lithium salt consolidates competitive advantages" written on January 21, saying that the company is considered to be a global electrolyte As a leader, the production capacity of the key additive lithium hexafluorophosphate continues to be released and self-supplied, and the company's performance is expected to improve significantly. Considering the valuation of comparable companies, the target price of Tianci Materials is 196.8 yuan. Based on the company's closing price of 97.66 yuan on Friday, the stock price will rise by 101.52%. Tianci Materials announced on the evening of January 17 that the company’s net profit in 2021 is expected to be 2.1 billion-2.3 billion yuan, a year-on-year increase of 294.09%-331.62%. The main reason is that the sales volume and price of the company's lithium-ion battery material electrolyte products have increased significantly year-on-year.
" Investment Express " reporter noticed that after Tianci Materials released its performance forecast, in addition to Peng Guangchun, a researcher at Huachuang Securities, researchers from many institutions also published research reports on this.Among them, Soochow Securities Zeng Duohong published a performance preview review report titled "Tianci Materials: The leading position of electrolyte integration is solid, and new category products have increased significantly" published on January 19. It stated that as the downstream prosperity continued to exceed expectations , adjust the company 2021-2 Net profit in 2023 will reach 2.202, 4.601, and 5.500 billion yuan (original expectations of 2.425, 4.459, and 5.405 billion yuan), a year-on-year increase of 313%, 109%, and 20%. It is given a PE of 35 times in 2022, corresponding to a target price of 169 yuan. Based on this calculation, the company's stock price still has 73.05 room for upside.
reviews the recent market. Dongguan Securities pointed out that the overall market fluctuated repeatedly, and the Shanghai Stock Exchange Index hovered between the annual line and the half-year line. Taking into account the positive signals released by the central bank, it is expected that the market will gradually stabilize and strengthen. Pay attention to the annual gains and losses as well as sector rotation. Soochow Securities said that due to timing reasons, the market is releasing selling pressure in an orderly manner, and many varieties are showing signs of oversold and . In terms of operation, investors are still mainly waiting and watching, focusing on observing the quality but better The low-valued varieties that have been mistakenly killed recently will wait for the market to stabilize spontaneously before making subsequent arrangements.
List of stocks whose closing prices on Friday are still more than 50% higher than the target price given by brokerage researchers
Data source: Flush iFinD
This article is a news report and does not constitute investment advice. The stock market is risky, so investment needs to be cautious.
