海康威视震荡筑底,估值处于中枢,静待方向选择

Group 1 - The core viewpoint of the article indicates that Hikvision's stock price has been fluctuating around 29 yuan, with a one-month change of -8.37% and a three-month change of -7.06%, suggesting a weak short-term trend [1] - From a valuation perspective, the company's current price-to-earnings ratio (TTM) is approximately 20 times, which is at a relative midpoint within its historical valuation range [1] - Analysts have set an average target price of approximately 36.64 yuan for the next 12 months, indicating a generally positive outlook despite recent market pressures [1] Group 2 - The security and technology sectors have recently faced overall pressure, with Hikvision's price-to-earnings ratio being lower than some high-growth peers but higher than the sector average [1] - Data as of December 15 shows that the main funds in the computer equipment industry have experienced a net outflow over the past three days [1] - Overall, after experiencing adjustments, the company's stock price has both downward space and upward potential, with short-term direction dependent on market conditions, sector fund flows, and company-specific catalysts [1]