bullish
RS: Ambitious Goal for 2021
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.
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, 4-minute read)
Discussions
(Paid Plans Only)
Pi Securities PCL, Thailand
Leading, full-service investment firm in Thailand
- RS: Continuously Expand Business Ecosystem24 May 2021
- RS: Go Big with New Products02 Apr 2021
- RS: Stream of New Products Launch in 202104 Mar 2021
- RS: Ambitious Goal for 202120 Jan 2021
- RS: Entering Finance Businesses Focused on AMC19 Jan 2021
- RS: Toning Down Our View, Reflected Drowsy Consumption Outlook15 Nov 2019
- RS: Multi-Platform Commerce at Its Finest28 Aug 2019
x