DGC [BUY +53.2%] - New factory lifts medium-term growth; attractive valuation - Update
  • 25 Apr 2023
  • Company Research
- We reiterate our BUY rating for DGC and raise our target price (TP) by 12% as we increase our aggregate 2024F-2027F core EBITDA by 10% and roll our TP horizon from end-2023 to mid-2024. - We increase our EBITDA forecasts mainly because we incorporate DG