HPG [OUTPERFORM +17.1%] - Elevated steel prices drive strong 2021 earnings - Update
  • 18 Aug 2021
  • Company Research
We maintain an OUTPERFORM rating for HPG and keep our target price almost unchanged at VND58,500/share. HPG’s share price has corrected 5% since our latest Steel Sector Update - Steel price rally mostly priced in; profit growth to decelerate in H2 2021, d