Nearly 2,000 researches on the consumer sector of Moutai in the brokerage industry have attracted attention in the top three
Original title: Brokers researched the consumer sector of Moutai Wuliangye Yili nearly 2,000 times in the year. The top three newspaper reporters Zhou Shangzhang, who have been “watched”, have been coming for the summer. Various consumer platforms, including shopping and 深圳spa会所 tourism, are actively marketing to capture this yearA summer marketing opportunity.
Above the capital market, the recent decline in A-share prices has fluctuated. When various securities firms actively recommended investment strategies, they also showed a “preference” for the consumer sector, and reminded investors to select defensive intervention stocks.
Therefore, since this year, the brokerage has surveyed 186 listed companies in the consumer sector 1953 times.
Among them, the food and beverage sector is most favored by brokers.
Brokers still favor food and beverages. From the perspective of investment, according to a reporter from Securities Daily, since this year, the brokers have conducted research on 186 listed companies in the consumer sector and found a total of 1953.
Among them, Shangpin House, Senma Clothing, Pollya, and Guangzhou Automobile Group were all surveyed by more than 30 brokerage firms; Wuliangye, Qianhe Weiye, I wish you were waiting for 60 stocks in the consumer sector were surveyed by more than 10 brokerage firms.
Judging from the frequency of investigations, Semir Clothing, Shangpin Home Delivery, Suning Tesco were found more than 60 times by brokers. Yanjing Beer, Sofia, Tangrenshen and other 69 consumer stocks were surveyed by brokers more than 10 times.
At the same time, the listed companies in the consumer sector surveyed by securities companies are mainly concentrated in popular industries such as food and beverage, household appliances, light industry manufacturing, agriculture, forestry, animal husbandry and fishing.
Among them, the food and beverage industry is most favored by the securities dealers. 29 listed companies in the food and beverage industry, such as Luzhou Laojiao, Zhujiang Beer, Wuliangye, have been investigated by the securities dealers.
For the food and beverage industry, Guoxin Securities said that the defensive attributes of mandatory consumption in the food and beverage industry and the historically high profit stability have become a good haven for capital.
Food and beverages, as representatives of stable and high ROE in each sector, have become a good opportunity for deployment in the context of current macroeconomic changes and increasing uncertainties in the external environment.
Combining industry fundamentals, market performance and estimation analysis, we recommend Wuliangye, Luzhou Laojiao, Guizhou Maotai, Yili, etc.
Maotai, Wuliangye, and Yili have taken the top three from the institutional focus. From the perspective of institutional concerns, in the past six months, the top three on the list have been occupied by consumer stocks, and all came from the food and beverage industry. They are Guizhou Maotai, Wuliangye, and Yili.
Among them, Guizhou Moutai has been recommended by 34 securities firms for 82 research reports in the past six months. On July 1, Pacific Securities raised the target price of Moutai to 1,240 yuan per share.
Shortly after July 9, Dongxing Securities issued a research report that according to the 2020 EPS calculation, it gave Guizhou Moutai a 30-fold conversion, raised its target price to 1,424 yuan, and more than 40% of space, maintaining the “strongly recommended” investment rating of Moutai in Guizhou.
Wuliangye is the second place in the institution’s attention list. It has also been recommended by 34 securities firms in 86 papers in the past six months. On July 3, Tianfeng Securities issued a research report, giving Wuliangye a 28 times 2020 price-earnings ratio. The target price is126 yuan increased to 166 yuan, 30% of space.
Therefore, for the liquor industry, Liu Chang, an analyst at Dongxing Securities, believes that “from the recovery of liquor in 2015, the consumer group of liquor is changing. From the previous San Gong consumption, it has shifted to government consumption, and now it is mainly based on daily consumption.The optional attributes are gradually weakening, which also provides an alternative for the demand for high-end liquor.
The scarcity of Maotai in Guizhou has also continued to strengthen its prices.
In the meantime, the increase in the wholesale price of Maotai in Guizhou also opened up space for high-end liquors such as Wuliangye and Luzhou Laojiao. In the second quarter of the off-season, wine companies raised prices through volume control to smooth prices and channels. The industry as a whole showed an upward trend.The situation continues to be bullish on the high-end liquor market.