China Galaxy Downgrades Luzhou Laojiao to Hold From Add; Price Target Is 151 Yuan

MT NewswiresNov 15 02:45 ET · Ratings

haitong sec: baijiu companies jointly cope with slowing down, beer volume and price are under pressure, waiting quietly for a recovery.

baijiu actively slows down to relieve pressure due to weak demand, exacerbating differentiation and highlighting the Matthew effect; beer Q3 demand is weak, leading to pressure on volume and price in the peak season, with cost benefits continuing to support profitability.

Zhitong FinanceNov 11 02:25 ET

Founder Securities: Proactively controlling speed to release pressure, Q3 baijiu report shows intensified differentiation.

The baijiu sector reported a slowdown in Q2, with off-season liquor companies shifting their focus to maintaining the industry price system, controlling inventory to support prices and maintaining healthy circulation channels. It is expected that the Q3 and Q4 financial reports will continue the trend of risk release.

Zhitong FinanceNov 6 01:10 ET

tianfeng securities: Liquor companies take the initiative to release pressure under weak demand, and the growth rate of performance slows significantly.

Tianfeng Securities released research reports stating that in the short term, attention should be paid to the baijiu sector's opportunities for band volatility, while also focusing on the medium to long-term opportunities of liquor companies with good fundamentals, cash flow, and valuation cost-effectiveness.

Zhitong FinanceNov 5 18:45 ET

Debang Securities: Differentiation in the food and beverage sector's financial reports in the third quarter, Maotai (600519.SH) prices hit bottom and rebounded.

In the third quarter, the performance of liquor enterprises generally slowed down, with channels releasing pressure to build up momentum for next year. The long-term logic of various sub-sectors of mass market remains unchanged, and it is recommended to focus on symbols with performance exceeding expectations.

Zhitong FinanceNov 5 01:14 ET

Luzhou Laojiao Co.,Ltd (SZSE:000568) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

Simply Wall StNov 1 18:11 ET