bullish
BBL: Cheap Valuation with Secured Portfolio Will Limit Downside
Neutral tone from yesterday analysts’ meeting. We reiterate our BUY rating with a target price at Bt155, derived from 0.65x PBV’21E,which is close to its 3-year 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.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 3-minute read)
Discussions
(Paid Plans Only)
Pi Securities PCL, Thailand
Leading, full-service investment firm in Thailand
- BBL: Growth Momentum Intact04 Jan 2022
- BBL: 3Q21 Result Grew Both YoY and QoQ, Better than Our Expectation27 Oct 2021
- BBL: Expect Pre-Provision Profit to Bottom Out in 3Q2111 Oct 2021
- BBL: Cheap Valuation with Secured Portfolio Will Limit Downside30 Jul 2021
- BBL: 2Q21 Result Was in Line with Our Expectation21 Jul 2021
- BBL: Large Corporate Bank with Conservative Strategy09 Jul 2021
x