CII [BUY +26.8%] - Major BOT projects to commence toll collection in 2021 - Update
  • 26 Feb 2021
  • Company Research
We reiterate our BUY rating on CII and raise our target price (TP) by 7.5% to VND25,800/share, implying a projected TSR of 26.8%, inclusive of a 5.6% dividend yield.Our higher TP mainly reflects our increased valuation for CII’s major Trung Luong - My Thu