bullish

RS PCL

RS: Ambitious Goal for 2021

220 Views20 Jan 2021 10:23
Broker
We upgrade our recommendation on RS to BUY rating, from HOLD, with new 2022E target price at Bt24.00, from Bt16.70, derived from 30x PER, which is +1SD of its 3-year trading average of forward PE.
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