BID [O-PF +17.3%] - Recapitalization could boost valuations - Update
  • 10 Nov 2017
  • Company Research
We raise our TP for BID from VND24,678 to VND26,100 (+5.8% upgrade), which offers a total return of +17.3%, and change our rating from BUY to OUTPERFORM. With strong core business performance and decent provisioning to resolve legacy issues, we continue t