KBC [BUY +45.9%] - Momentum from new land sales to create solid profit outlook - Update
  • 31 Oct 2023
  • Company Research
- We maintain our target price for KBC at VND35,200/share but upgrade our rating from OUTPERFORM to BUY as share prices decreased by 23% in the past three months. We believe KBC is a major beneficiary from the structural shift of global manufacturing to V