MBB [BUY +43.2%] - Top-tier NIM to support high ROE - Update
  • 16 Nov 2023
  • Company Research
- We increase our target price (TP) for MBB by 4.0% to VND26,000/share and maintain our BUY rating. Our higher TP is primarily due to (1) the positive impact of rolling our TP horizon to end-2024F and (2) reducing our cost of equity assumption from 15.56%