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研報掘金丨招商證券:片仔癀打造安宮牛黃丸新增長極,首予“強烈推薦”評級
招商證券研報指出,片仔癀(600436.SH)是兼具高稀缺性和深護城河的中華老字號企業,核心產品片仔癀錠劑傳承500餘年,是國家級中藥保護品種,處方和工藝受國家祕密保護,增長穩健,同步打造安宮牛黃丸新增長極,做強化粧品及日化業務,推動公司經營增長。對於片仔癀錠劑,從供需、量價維度分析,預計長期仍有較大空間。首次覆蓋,給予“強烈推薦”評級。
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