BMI [MARKET PERFORM +3.3%] - Market share to hold in 2022 after 2016-2019 decline

We decrease our target price for BMI by 2.2% to VND39,200/share and maintain our MARKET PERFORM rating. Our decreased target price is mainly driven by a 0.7% aggregate decrease in our 2022F-2026F net income. Powered by Froala Editor