Companies with upside revealed! 24 companies have more than 50% upside?

Private placement

2024-05-14 17:19Posted on the official account of Guangdong Private Placement Network

Since May, the main A-share indices have maintained a sideways trend, with rapid plate rotation, no more sustainable main line in the market, and the turnover has also shrunk. Many investors are wondering if there is room for further growth in high-level stocks? Is there any hope for low-priced stocks? and many other questions are confused. The essence of investor confusion is that it is not clear that a company is truly and reasonably valued.

As a research institution that closely tracks the operation of listed companies, compared with most ordinary investors, they have a deeper understanding of the intrinsic value of the company, and they also have a scientific valuation model to evaluate the reasonable value of the company. Usually, the brokerage research department will evaluate the reasonable value of the company based on the latest performance data or major events of the listed company, and give them a target price that they recognize.

The past 2 months cover the time when most companies disclose their 2023 annual reports and 2024 first quarter reports. To this end, the author has sorted out the latest valuation data (in the form of target price) given to A-share companies by brokerages in the past two months, so which companies have greater upside?

49 companies have attracted the attention of brokers, with an average target space of more than 25%!

According to Choice data, as of May 10, in the past two months, 1,881 listed companies have been updated by brokerages with valuations and target prices. The author compares the target price given by the brokerage firm with the closing price on May 10, 2024, and calculates the target growth space data of the relevant companies (hereinafter collectively referred to as the "target price space").

According to statistics, the average target price space of 1881 companies is 22.83%. Among them, 49 companies were valued by more than 10 brokers, and 390 companies were valued by more than 5 brokers. 846 companies were valued by more than 3 brokers. Companies that have been valued by multiple brokerages tend to have a higher degree of attention.

The author sorted out 49 companies that were valued by more than 10 brokerages, and the stock prices of 36 companies rose this year. The average year-to-date increase of these 49 companies is 8.47%, which is much stronger than the overall performance of the market (the average year-to-date increase of all A-shares is -10.44%). The current share price is still 25.03% away from the target price on average.

From the perspective of the industry distribution of these 49 companies, food and beverage companies account for 20, non-bank financial companies account for 7, household appliances and banking companies account for 4 each.

Among them, Kweichow Moutai was valued by 17 brokerage institutions, and the target price has more than 23% room compared with the closing price on May 10. Four companies, including Tsingtao Brewery, were valued by more than 15 brokerages.

In addition, this year, home appliances have performed well under the catalysis of export and trade-in logic. Among them, Haier Smart Home has risen by nearly 50% this year, and according to the average target price given by 10 brokerages in the past two months, there is only 12.33% room left; Gree Electric has risen by more than 34% this year, and the target price is still 25%.

Companies with upside revealed! 24 companies have more than 50% upside?

Lixun Precision and other 20 companies have a target space of more than 50%!

Above, the author sorted out the 49 companies with the highest attention from brokers, so what are the companies with higher target price space? According to the author's analysis, among the companies that "have been valued by more than 3 brokerages in the past 2 months", there are 24 companies with a target space of more than 50%. The author has selected the 20 companies with the highest average target price space for your reference.

The 20 companies with the highest target space are scattered in terms of industry distribution, and the electronics industry has the most companies, accounting for 4. Most companies' stock prices have fallen this year.

In the past two months, four brokerages including Guotai Junan, Caixin Securities, CICC, and Huatai Securities have given the company a valuation, with an average target price of more than 116%.

In addition, in the past two months, Lixun Precision, a white horse stock in the field of consumer electronics, has been valued by 11 brokerages, including Tianfeng Securities, Guotai Junan, China Merchants Securities, Huatai Securities, Haitong Securities, GF Securities, etc., with an average target price of more than 52%.

These individual stocks held by more than 100 funds have a large target space!

As a powerful institution that does not lose to brokers, the fund has a large target space for many companies in its heavy stocks. In order to provide readers with a better reference, the author has screened out the 20 companies with the highest target space among the companies with the highest target space in the past two months, and the target space is more than 25%.

Among them, Lixun Precision was held by 687 funds at the end of the first quarter, and was valued by 11 brokerages in the past two months, with a target space of more than 50%. The CRO leader WuXi AppTec has fallen by nearly 40% this year, but 11 brokerages have given nearly 48% of the target price space, and 129 funds have heavy positions in the company at the end of the first quarter.

The target space of the 32 stocks in the "national team" is more than 30%!

In addition, the "national team" (Central Huijin, China Securities, Securities Asset Management, the investment platform of the State Administration of Foreign Exchange and the securities customized fund, etc.) is also one of the powerful institutions in the market, and it is also the representative of "smart money", which is the "ballast stone" of market stability.

According to the author's combing, among the stocks held by the "national team" in the first quarter, more than 5 brokerages were given target prices, and there were 32 companies with a target space of more than 30%.

Among them, the real estate company China Merchants Shekou has the highest target price space. At the end of the first quarter, the company was held by the national team of 640 million yuan, and was valued by 9 brokerages in the past two months, with a target space of more than 65%.

The target price of 14 "bull scatter" heavy stocks exceeds 20%!

As a powerful individual investor, "Niu San" has also attracted much attention from the market. According to the data of the top ten circulating shareholders disclosed in the first quarter report of A-share companies in 2024, the author has counted the heavy stocks of super "bull scatter" (holding a market value of more than 1 billion yuan). After combing, it was found that among the super "bullish" heavy stocks, there are 14 stocks with a target price space of more than 20%. Among them, 3 stocks have "bull scattered" or family members jointly hold positions.

Among them, the highest target space is Hang Seng Electronics held by Lu Qiang, with a target space of more than 47%. In addition, iFLYTEK, which has a market value of more than 3 billion held by Ge Weidong's family, has been valued by four brokerages including CICC, Guotai Junan, Haitong Securities, and Orient Securities in the past two months, with an average target price of more than 23%.

It should be noted that the target price given by the brokerage is usually the target price of the company's stock price in the next 3-12 months, so short-term traders need to be cautious. In addition, the target price may be adjusted again in the future due to various factors such as the macro environment, industry, and company, so it is necessary to closely track the relevant information, and the target price is only one of the reference information in the investment, not the only basis.

Risk disclosure: The content involved in this article does not guarantee the completeness and accuracy of the data, and the analysis conclusions are for reference only, and the varieties involved do not constitute actual investment operation advice. The stock market is risky, and investors need to be cautious. The views of the articles involved in this article only represent the author's personal views and do not represent any position of this platform, and do not constitute any investment advice.

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