[ET Net News Agency, 4 January 2021] Guotai Junan International raised its target price
for Sunny Optical (02382) to HK$180 from HK$150 and maintained its "accumulate" rating.
The research house said shipments of handset lens sets and handset camera modules
suffered in November 2020 due to the impact of the shortage of the key components in the
smartphone supply chain.
Guotai Junan expects the situation in December 2020 would be still under pressure. But
in 2021, it will gradually improve. It expects that competition in 2021 may be intense as
competitor's production capacity is rising, but Sunny Optical may break into the supply
chain of Apple in 2021, which will be a strong growth drive. (KL)
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02382 SUNNY OPTICAL
Nominal 
37.500 +0.050 (+0.134%) Research Report
04/01/2021 15:41
Guotai Junan raises Sunny Optical (02382) to HK$180
| Remark: | Real time quote last updated: 18/04/2024 17:30 |
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