HSG [BUY +28.5%] - Building profit growth momentum - Update
  • 2019-11-29T17:14:35
  • Company Research
We reiterate our BUY rating for HSG while raising our target price by 9% to VND10,000/share, mainly due to a roll-over of our DCF model to the 2020-2024F period together with HSG’s proven effort in strengthening its profit growth and financial health through employing aggressive deleveraging. HSG’s share price has rallied by 14% in the last three months.