LHG [BUY +72.3%] - Cheap valuation, strong earnings outlook, high net cash - Update
  • 27 Mar 2023
  • Company Research
- We maintain our BUY rating for LHG and increase our target price by 9% to VND36,000/share. - Our higher target price is primarily driven by reducing our NAV discount from 40% to 30% as we expect LHG’s restricted trading status to be removed in Q2 2023.