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研報掘金丨華鑫證券:維持水井坊“買入”評級,Q1預計表現較好
格隆匯 02-06 14:18
華鑫證券研報指出,水井坊(600779.SH)董事長範祥福提議公司回購股份,提振信心。看好公司短期臻釀八號的增長,長期繼續推進高端品牌建設,加大對新一代井台的消費者培育,聚焦前八大核心市場,打造濃香白酒頭部品牌之一。預計公司2023-2025年EPS為2.59/3.00/3.46元,當前股價對應PE分別為16/14/12倍,維持“買入”投資評級。另外,該行認為目前公司回款情況較樂觀,主要系去年基數較低+產品升價催化所致,同時新財年與其他酒企錯峯,春節壓力相對較小且同期基數小,Q1預計表現較好。
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