HPG [BUY +20.0%] - Iron ore price rebound to buttress H2 earnings - Update
  • 22 Aug 2017
  • Company Research
We reiterate BUY rating for HPG with 20% total return and increase our target price to VND39,700 thanks to brighter outlook on iron ore prices and construction steel selling prices trend. H1 2017 revenue grew 37% thanks to 30% construction steel volume gr