PVT [BUY +26.2%] - Robust global freight rates to boost 2023 operating profit - Update
  • 30 Nov 2022
  • Company Research
- We lower our target price for PVT by 11% to VND23,100/share as we increase our both equity risk premium and cost of debt assumptions by 100 bps but maintain our BUY rating. Meanwhile, we keep our 2022-2026F NPAT-MI nearly unchanged. - We expect 2023F re