SZC [MARKET PERFORM +5.2%] - Substantial land bank underpins medium-term outlook - Update
  • 31 Aug 2023
  • Company Research
- We increase our target price for SZC by 17% to VND39,500/share but downgrade our rating to MARKET PERFORM from BUY as the share price has increased by 39% over the last four months. Our higher target price is mainly due to lowering our valuation discoun