CTR [BUY +25.9%] - Outlook remains bright despite economic turbulence - Update
  • 08 May 2023
  • Company Research
- We cut our target price for CTR by 1.8% but reiterate our BUY rating. We forecast CTR’s EBITDA to grow at a 17% CAGR in 2023-2027F, which will be led by the towerco segment. Against this positive outlook, CTR’s valuation looks attractive with a TTM EV/E