LHG [BUY +27.6%] - Strong cash position, undervalued land bank - Update
  • 27 Sep 2023
  • Company Research
- We maintain our BUY rating for LHG and raise our target price by 5% to VND37,900/share. - Our higher target price is mainly due to (1) lowering our valuation discount from 30% to 25% as the stock’s trading restriction was lifted in April 2023, in additi