BWE [OUTPERFORM +17.3%] - Strong volume growth to drive earnings growth - Update
  • 08 Nov 2024
  • Company Research
- We increase our target price (TP) for BWE by 6% to VND51,400/share and maintain our OUTPERFORM rating. Our higher TP is due to a roughly 20% higher valuation for BWE’s stake in associated companies and a 3% increase in BWE’s stand-alone valuation, follo