PVS [OUTPERFORM +19.9%] - PVS to benefit first from recovery in E&P activities - Update
  • 20 Feb 2019
  • Company Research
We maintain an OUTPERFORM rating while raising our target price for PVS by 7.0% as we lift our 2019 earnings forecast by 12.7% following a higher-than-expected profit from the contribution of the Sao Vang – Dai Nguyet (SV-DN) project in the Mechanics & Co