MBB [BUY +35.0%] - Attractive valuation; asset quality to improve - Update
  • 10 May 2024
  • Company Research
We maintain our BUY rating for MBB and increase our target price (TP) by 5.3% to VND30,000/share mainly due to (1) the positive impact of rolling our TP horizon to mid-2025F that outweighs (2) a 6% reduction in our aggregate earnings forecast for 2024-202