DGC [BUY +41.8%] - Solid core business; real estate awaiting investment approval - Update
  • 29 Apr 2025
  • Company Research
- We lower our target price (TP) for DGC by 6% but reiterate our BUY rating as its share price has dropped 18% in the last three months amid market correction. Our lower TP reflects a 7% cut p.a. in our 2025F/26F EBITDA forecasts. - We lower our respectiv