KDH [BUY +23.5%] - Strong presales at The Privia to drive 2024 profit growth - Update
  • 22 Feb 2024
  • Company Research
- We maintain our BUY rating for KDH and raise our target price by 10% to VND40,000/share. Our higher target price is mainly due to a higher target P/B for Phong Phu 2 (Binh Chanh District, HCMC) and Binh Trung Dong (Thu Duc City, HCMC) as these projects