Shede Spirits Receives Recommendations from 4 Brokerages, Chifeng Gold Rating Downgraded

Deep News
Aug 26

According to data, on August 25th, securities firms issued a total of 63 target prices for listed companies. Based on the latest closing prices, companies with the highest target price upside potential include Longping High-tech, Xinji Energy, and Beijing New Building Materials, with target price increases of 38.75%, 37.40%, and 36.57% respectively, belonging to the planting industry, coal mining, and decoration materials sectors.

In terms of brokerage recommendations, 163 listed companies received recommendations from securities firms on August 25th, with Shede Spirits Co.,Ltd. receiving recommendations from 4 firms, Shuiyang shares receiving 3 recommendations, and Marubi Biology receiving 3 recommendations.

Regarding rating upgrades, on August 25th, securities firms raised ratings for 1 company. The latest data shows that Huayuan Securities upgraded China Power's rating from "overweight" to "buy."

For rating downgrades, on August 25th, securities firms downgraded ratings for 3 companies. The latest data includes Huatai Financial Holdings (Hong Kong) downgrading Minhe shares from "buy" to "overweight," Lianchu Securities downgrading Chifeng Jilong Gold Mining Co.,Ltd. from "buy" to "overweight," and China Post Securities downgrading Silan Microelectronics from "buy" to "overweight."

In terms of initial coverage, securities firms provided 7 first-time coverage recommendations on August 25th, including Ganhua Technology receiving a "buy" rating from Soochow Securities, Wangneng Environment receiving a "buy" rating from Cinda Securities, Yingliu shares receiving an "overweight" rating from Shanxi Securities, Neo Solar Power receiving an "overweight" rating from Industrial Securities, and Winner Medical receiving a "buy" rating from Northeast Securities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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