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研報掘金丨國泰君安:首予康冠科技“增持”評級,目標價32元
格隆匯 12-10 15:05
國泰君安研報指出,康冠科技(001308.SZ)為顯示代工龍頭,“AI+”顯示應用落地,打造第二增長曲線。公司智能交互顯示(IFPD)行業涵蓋智能交互平板業務(教育+會議)、專業類顯示產品業務;下游客户為頭部教育集團,需求穩健。中長期來看,全球教育與會議類IFPD滲透率均有提升空間,公司穩居IFPD出貨第一,未來有望跟隨行業迎來進一步增長。參考同行業可比公司,結合PE 估值及DCF估值方法,考慮公司創新顯示業務增速較快,公司進入AI顯示落地應用的多元發展期,給予25年目標價32元,首次覆蓋,給予“增持”評級。
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