CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY8

太平洋證券目標價1240元

在8月14日太平洋證券發布的研報顯示：“在不考慮普飛繼續提價的前提下，預測2020年公司的收入增速為13%、凈利潤增速為16%。如果明年普飛提價，將繼續上調明年的增速。考慮龍頭溢價和業績持續增長，根據2020年EPS給30倍PE，目標價1240元，對應2019年的動態PE為34.9倍，維持‘買入’評級。”

理由是：貴州茅臺“千億目標”、股份公司完成14%收入增長的最優場景是保持“量平價升”，集團銷售方案好于預期，有望確保“價升”的實現；而公司在中秋、國慶銷售旺季到來前迅速出臺集團銷售方案，有助于茅臺酒全年計劃量的如數投放，期待全年銷量同比持平的實現。

同時，太平洋證券認為，即便有所增量，但供不應求的大格局仍難以打破，預計一批價和終端市場價將有所回落，但跌幅較深的概率不大。等茅臺酒真實放量、渠道更加精細管控、需求從囤貨投資轉向真實消費的時候，茅臺酒的價格才會長期維持在一個較為合理的水平。短期內因為供需不匹配而震蕩向上仍是大概率。

4CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84CACR-HR01BABY84




Klockner Moeller Motor Contactor DIL 4 M 230V/240V AC coil 160A 575VAC 125hp

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KLOCKNER MOELLER DP-BRIDGE NSFP DPBRIDGE

Klockner Moeller Power Supply EBE 243.1-2 24V 

KLOCKNER MOELLER PKZ2/ZM-10/S-SP USPP PKZ2ZM10SSP

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KLOCKNER-MOELLER DIL6H CONTACTOR ***XLNT***

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KLOCKNER MOELLER SIM2-PS3 NSPP SIM2PS3

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