招商证券目标价1100元

同一时间，招商证券也发布研报显示：“公司集团方案落地，总量好于市场预期，期待公司加快中秋放量，保障公司全年业绩，稳定批价在合理水平，对茅台及行业均是共赢。维持2019-2012年每股盈余预测分别为34.5元、41.8元和47.8元，对应2020年27倍PE，维持目标价1100元，维持‘强烈推荐-A’评级。”

招商证券认为，考虑到经销商自4月后即处于紧缺状态，在手订单并未充分满足，且6月底小幅放量的压力测试表现来看，预计中秋旺季飞天批价仍将保持坚挺，供需紧张是茅台批价高企的基础

KLOCKNER MOELLER PKZ2/ZM-32 USPP PKZ2ZM32

KLOCKNER MOELLER TPD11DIL *NEW IN A BOX*


KLOCKNER-MOELLER NZM9-250 225 HP 250A 250 A AMP BREAKER

Klockner Moeller PKZ2 ELB1 Motor Protect. w/ZM-32-PKZ2 

NEW KLOCKNER MOELLER FVNR NON-COMBINATION STARTER DIL00M IMPERVITRAN B05008928


KLOCKNER MOELLER DILM32-10-600V-60HZ NSFP DILM3210600V60HZ

KLOCKNER MOELLER P1-32/I2/SVB-SW-NA NSFP P132I2SVBSWNA

KLOCKNER MOELLER S-201 USPP S201

KLOCKNER MOELLER ZMR0.6-PKZ2 NSFP ZMR06PKZ2

KLOCKNER MOELLER P3-63/I/SVB/HT11 P DISCONNECT SWITCH

KLOCKNER MOELLER T4A-5-67/3196/E-NA NSFP T4A5673196ENA

KLOCKNER MOELLER EASY412-DC-RCX NSFP EASY412DCRCX

KLOCKNER MOELLER DIL0AM-230V-50/60HZ USPP DIL0AM230V5060HZ

KLOCKNER MOELLER DIL0M-G-24VDC USPP DIL0MG24VDC


KLOCKNER MOELLER T4A-4-3/E/NA NSFP T4A43ENA

KLOCKNER MOELLER DIL00A-M-G-10-24VDC NSPP DIL00AMG1024VDC

KLOCKNER MOELLER IFM-485.1 NSFP IFM4851

KLOCKNER MOELLER PKZM3-25-U-NA USPP PKZM325UNA

KLOCKNER MOELLER SM2-EPR4 NSPP SM2EPR4

KLOCKNER MOELLER ZM-25-PKZ2 USPP ZM25PKZ2

KLOCKNER MOELLER ZB4-209-DS2 NSFP ZB4209DS2

Klockner Moeller Easy Relay PLC - I/O

Klockner Moeller Easy Relay PLC

Klockner Moeller Contactor DIL M300 AC or DC 110 or 250V Coil 125 HP @ 230V

Klockner Moeller Disconnect Switch NZM9-250 With Shunt Trip

Klockner Moeller Front-Mounted Plug S201 

DIL0M-G Klockner Moeller Motor Contactor 

KLOCKNER MOELLER CI-G-135/T3-4-8440/Z NSPP CIG135T348440Z

KLOCKNER MOELLER EMT6 NSFP EMT6

KLOCKNER MOELLER FAZ-D3/2-RT USPP FAZD32RT

KLOCKNER MOELLER T3-3-8228/E NSFP T338228E

KLOCKNER MOELLER DILR22-G240VDC NSPP DILR22G240VDC

KLOCKNER MOELLER DILR40-G-24VDC NSPP DILR40G24VDC

KLOCKNER MOELLER T5B-4-15164 USPP T5B415164

3004 New-No Box, Klockner Moeller ZM-6-PKZ2 Motor Trip Module


3008 New In Box, Klockner Moeller ZM-6-PKZ2 Motor Trip Module


KLOCKNER MOELLER DIGITAL EXPANSION MODULE PLC 16OUT LE4-116-XD1 24VDC 6mA

KLOCKNER-MOELLER EBE-211 TIMER MODULE 8 CHANNEL 

Klockner-Moeller DILOAM/22 Universal Contactor - New

KLOCKNER MOELLER PKZM3-10 NSPP PKZM310

KLOCKNER MOELLER CS3 NSFP CS3

KLOCKNER MOELLER DILR22-115VAC USPP DILR22115VAC

KLOCKNER MOELLER BOB-200 USPP BOB200

KLOCKNER MOELLER DILM65-190V/50HZ-220V/60HZ USPP DILM65190V50HZ22

KLOCKNER MOELLER CDN-17 USPP CDN17

KLOCKNER MOELLER SIM1-PS3 NSPP SIM1PS3

Klockner Moeller Front-Mounted Plug S201 

KLOCKNER MOELLER PKZM0-2.5/SE00-11-110/120V NSPP PKZM025SE0011110

KLOCKNER MOELLER DILR-22-G24VDC NSPP DILR22G24VDC

Klockner Moeller Contactor DIL1M-G


KLOCKNER MOELLER EASY719-DCRCX NSFP EASY719DCRCX

KLOCKNER MOELLER SM2-P32 USPP SM2P32

KLOCKNER MOELLER S-252 USPP S252

KLOCKNER MOELLER S253 USPP S253

KLOCKNER MOELLER T3-1-102/Z+UV+FS907 USPP T31102ZUVFS907

KLOCKNER MOELLER DIL-00-52/Z0-37-240V/60HZ NSPP DIL0052Z037240V6

KLOCKNER MOELLER P3-63/Z USPP P363Z

KLOCKNER MOELLER DIL-2-AM-230V-50/60HZ USPP DIL2AM230V5060HZ

KLOCKNER MOELLER T0-4-15682/I1/SVB-SW NSPP T0415682I1SVBSW

KLOCKNER MOELLER K95/4 USPP K954

KLOCKNER MOELLER FAZ-D10/2-RT USPP FAZD102RT

Klockner-Moeller Enclosed START STOP PKZM-3-25-U-NA

KLOCKNER MOELLER NZM7-100 Circuit Breakers NZM7100 DAVO-NZM7

KLOCKNER MOELLER TO-2-6490-65/I/SVB *NEW IN A BOX*


KLOCKNER MOELLER P1-32/I2/SVB-NA *NEW*


KLOCKNER-MOELLER NZM8-200 CIRCUIT BREAKER + ZM8

 AS-IS see the debion

KLOCKNER-MOELLER N6-63-CNA

Klockner-Moeller EBE211 ADJUSTABLE TIMER MODULE for industry use

Klockner Moeller DIL0M Contactor 15hp 120v 35a NEW DIL M 22


Klockner Moeller DIL00M4-G Contactor 20a Coil 24VDC DILOOM4-G starter relay NEW


KLOCKNER MOELLER P3-63/I4/SVB-NA *NEW*

KLOCKNER MOELLER PKZ2/ZM-32 *NEW*

KLOCKNER MOELLER Z5-100/FF250 Therm. Overload Relay NEW

KLOCKNER-MOELLER DIL0AMG CONTACTOR 24V DC DIL OA M-G 


KLOCKNER MOELLER CONTACTOR CAT#DIL4-22-NA 115V COIL

KLOCKNER-MOELLER PKZM3-1-NA 550/600V 40HP 0.5-0.9A MANUAL MOTOR STARTER

KLOCKNER-MOELLER PROGRAMMABLE RELAY MODULE MODEL 412-AC-R

KLOCKNER MOELLER MOTOR TRIP CURRENT LIMITER


KLOCKNER-MOELLER CONTACTOR CAT#DILR22D 120VCOIL 600V 15A

KLOCKNER MOELLER NZM 4-80 FREE SHIPPING

NEW Moeller PKZ Motor Protective Circuit Breaker Manual 50A Klockner PKZM4-50

NEW MOELLER KLOCKNER ELECTRIC DIL-0AM CONTACTOR 115V 60HZ

KLOCKNER MOELLER PKZ2 USPP PKZ2

KLOCKNER MOELLER ETR5-1 NSFP ETR51

KLOCKNER MOELLER ETS-A4-2 NSFP ETSA42

KLOCKNER MOELLER LE4-116-DX1 USPP LE4116DX1

KLOCKNER MOELLER A600-NZM10 NSPP A600NZM10

Klockner Moeller DIL4-22-NA Contactor 300 amp 600vac DIL422NA Free Shipping


Klockner Moeller 11S DIL M 11SDILM Contactor

KLOCKNER MOELLER U-NZM7-24VAC USPP UNZM724VAC

KLOCKNER MOELLER PKZM0-1.6/NHI11 NSFP PKZM016NHI11

KLOCKNER MOELLER DIL0M-110V/50HZ-120V/60HZ USPP DIL0M110V50HZ120

KLOCKNER MOELLER SM2-R8 USPP SM2R8

KLOCKNER MOELLER T1-9-15147/EZ-NA NSPP T1915147EZNA

KLOCKNER MOELLER MOTOR PROTECTION TRIP BLOCK ZM-40-PKZ2 *NEW OUT OF BOX* 


KLOCKNER MOELLER PKZM3-1-NA *NEW IN A BOX*


Klockner Moeller Front-Mounted Plug S252 

KLOCKNER MOELLER DILM-50-230V/50/60HZ USPP DILM50230V5060HZ

KLOCKNER MOELLER PKZM0-1.6-NA NSFP PKZM016NA

KLOCKNER MOELLER PKZM3-10 USPP PKZM310

KLOCKNER MOELLER EASY412-AC-RC USPP EASY412ACRC

KLOCKNER MOELLER PKZM3-0.6-U-NA USPP PKZM306UNA

KLOCKNER MOELLER PKZM3-16-U-NA USPP PKZM316UNA

KLOCKNER MOELLER T3-1-102/Z-UV USPP T31102ZUV

KLOCKNER MOELLER NHINZM10 NSFP NHINZM10

Klockner Moeller Thermal Trip Circuit Breaker 100A NZM
Model NZM6B100 Switch Disconnect Motor Protector 100A


KLOCKNER MOELLER DIL-0AM-G-24VDC NSFP DIL0AMG24VDC

Klockner Moeller DIL0AM Contactor + 31DILM Auxilary


KLOCKNER-MOELLER N6-160-CNA 150 AMP DISCONNECT SWITCH

New Klockner Moeller Relay Output Unit ETS 1-10 ETS1-10

LOT OF 7 KLOCKNER MOELLER 04DILE *NEW*

# KLOCKNER MOELLER 50 AMP NZM6B-63/ZM6A-50 600 V BREAKER W / HANDLE

KLOCKNER MOELLER PKZM0-25 NSPP PKZM02

KLOCKNER MOELLER CONTACTOR DIL1AM 110/120V NIB DIL 1AM

KLOCKNER MOELLER PKZM3-25-U-NA CONTACTOR ***XLNT***

KLOCKNER MOELLER DILR22-G240VDC USPP DILR22G240VDC

KLOCKNER MOELLER DILR40-G-24VDC USPP DILR40G24VDC

KLOCKNER MOELLER DIL-00-52/Z0-37-240V/60HZ USPP DIL0052Z037240V6

KLOCKNER MOELLER DILR40-G/22 *NEW* 


KLOCKNER MOELLER EBE250A-1 NSPP EBE250A1

KLOCKNER MOELLER PKZM0 USPP PKZM0

KLOCKNER MOELLER Z1-63 USPP Z163

KLOCKNER MOELLER DIL-1-AM USPP DIL1AM

KLOCKNER MOELLER EBE-206.1-2 USPP EBE20612

KLOCKNER MOELLER EBE-206.2-2 USPP EBE20622

KLOCKNER MOELLER PS416-INP-400 NSFP PS416INP400

KLOCKNER MOELLER A600-NZM10 USPP A600NZM10

KLOCKNER MOELLER PKZ02-1.6/CIS-NA NSPP PKZ0216CISNA

KLOCKNER MOELLER PKZ02-2.4-NA NSPP PKZ0224NA

KLOCKNER MOELLER PKZM0-16-T NSPP PKZM016T

N6-160-CNA  KLOCKNER-MOLLER DISCONNECT SWITCH 125 AMP


KLOCKNER MOELLER DILR-22-G24VDC USPP DILR22G24VDC

KLOCKNER MOELLER N64-125-VDE NSFP N64125VDE

KLOCKNER MOELLER P1-32/I2/SVB NSPP P132I2SVB

Lot of 3 - New Klockner Moeller Z00-4 Overload Relay w/ EZ00 Mounting Base


KLOCKNER-MOELLER N6-160-CNA 125 AMP DISCONNECT SWITCH

KLOCKNER MOELLER P2-30/F-CNA DOOR SWITCH CONTACTOR CNC

KLOCKNER MOELLER DISCONNECT SWITCH N6-63-CNA N663CNA BREAKER ZIMMERMAN FZ10-2

KLOCKNER MOELLER PKZ02-1.6-NA NSFP PKZ0216NA

KLOCKNER MOELLER PKZ02-6.0-NA NSFP PKZ0260NA

KLOCKNER MOELLER PKZM0-2.5/CI-PKZ0-G/NHI11-PKZ0/L-PKZ0-RT-400V NSFP PKZM025CIPKZ

KLOCKNER MOELLER DIL0M-230V-50/60HZ NSFP DIL0M230V5060HZ

KLOCKNER MOELLER PKZ2/ZM-01.6 USPP PKZ2ZM016

KLOCKNER MOELLER PKZM3-32-U-NA USPP PKZM332UNA

KLOCKNER-MOELLER PKZM3-10-NA 575V 7.5HP 5.5-9.5A MANUAL MOTOR STARTER

KLOCKNER MOELLER PKZM-3-10-U-NA NSPP PKZM310UNA

KLOCKNER MOELLER DIL00AM-G-10-DC24 USPP DIL00AMG10DC24

KLOCKNER MOELLER STK0.75-220-115 USPP STK075220115

KLOCKNER MOELLER 61-00114-001 USPP 6100114001

KLOCKNER MOELLER STZ-0.8-220-115 USPP STZ08220115

KLOCKNER MOELLER NZM6-100/ZM6A-40-NA USPP NZM6100ZM6A40NA

Moeller Klockner PKZ2 PKZ 2 ZM-10 motor starter *NEW*


Moeller Klockner PKZ2 PKZ 2 ZM-4 motor starter *NEW*


KLOCKNER MOELLER N6-63-CNA SWITCH DISCONNECTOR 63A 600V

KLOCKNER MOELLER DIL0M 240V *NEW IN A BOX*


KLOCKNER MOELLER STORE MODULE EE1-PS306 EE1PS306 

KLOCKNER MOELLER DIL 3-22-NA 120A 110V COIL CONTACTOR

Klockner Moeller Input PS416-INP-400 (3200)B


Klockner Moeller PKZ2 Motor Protector w/ZM-16-PKZ2. 

T0-3-15680/V/SVB Klockner Moeller New In Box Cam Switch T0315680VSVB


Klockner Moeller: DIL1A M AC Contactor / Starter 

KLOCKNER MOELLER EMT-5 USPP EMT5

KLOCKNER MOELLER P3-63 DISCONNECT SWITCH UNIT 63A ***NNB***

Klockner Moeller PS4 I/O Module LE4-116-DX1 LE4116DX1