MWG [BUY +56.8%] - Slow progress in BHX’s margins but outlook remains bright - Update
  • 26 May 2021
  • Company Research
We reiterate BUY as we believe MWG’s strong business execution will lead to elevated earnings growth post-2020. MWG’s current 2021F PER of ~13x looks appealing given our forecast of at least 25% EPS growth per annum in the next few years. We raise our tar