We upgrade our recommendation to BUY rating, from SELL, with new 2022E target price of Bt74.50, from Bt50.00, derived from 32.0x PE’22E, which is +1 SD of its 7-year trading average.
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
Unlock all research summaries
Follow top, independent analysts
Receive personalised alerts and emails
Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.