REE [OUTPERFORM +12.4%] - Hydropower benefits from strong CGM prices, volume - Update
  • 20 May 2022
  • Company Research
We raise our target price (TP) for REE by 16% to VND86,000/share and maintain OUTPERFORM. We view REE as a leading player in Vietnam’s green energy sector due to its profitable projects that are driven by its cost control and low financing costs. Powered