CSC: continue to maintain COSCO's "buy" rating target price of 36 yuan
Financial Associated Press, September 22 - according to the Research Report of CSC, the rising trend of freight rates of main routes continues, the non Chinese regional routes push up significantly, and the loading rate remains fully loaded. The return of spot price of centralized transportation and long-term cooperative price has opened, driving the continuous growth of the performance of shipping companies. COSCO Haikong's performance of more than 30 billion in the third quarter is a high probability event. The global supply chain is bound to be redesigned and planned. We need to re-examine the changes brought by the epidemic, and the impact on inventory in the supply chain may be a long-term effect. Continue to maintain COSCO's "buy" rating, with a target price of 36 yuan; Continue to maintain the "buy" rating of OOCL, with a target price of HK $407; Haifeng International continues to maintain its "buy" rating with a target price of HK $49.
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