CTG [BUY +23.7%] - Upped credit growth forecast to 2025 lifts CTG's TP - Update
  • 10 May 2021
  • Company Research
We upgrade our rating for CTG from OUTPERFORM to BUY following a 27.7% increase in our target price (TP) to VND54,900/share. Our higher TP is mainly driven by (1) a 7.8% average increase in our projection for 2021-2025F NPAT, (2) our increase in CTG’s tar