CTG [BUY +30.8%] - High credit costs to remain in 2023 - Update
  • 24 May 2023
  • Company Research
- We maintain our target price (TP) for CTG at VND36,300/share with a BUY rating. - Our unchanged TP results from (1) a 2.0% increase in our projection for aggregate 2023-2027F NPAT-MI (3.0%/7.9%/12.7%/-2.2%/-5.1% for 2023/24/25/26/27F, respectively) and