東方證券:中航電測(300114.SZ)盈利增強 維持“增持”評級
東方證券指出,航空軍工營收大幅增長,智能交通毛利率提升。中航電測(300114.SZ)盈利增強、華燕並表增厚業績,費用開支往研發傾斜。子領域景氣度高企,回購股份將用於員工激勵。考慮到航空軍工和車檢設備的增長,上調公司2019-2021年每股收益至0.34、0.42、0.52元(之前為0.32、0.38、0.46),參照可比公司給予2019年41倍估值,對應目標價13.94元,維持“增持”評級。
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