Research Center
Quay lại

SCS [BUY +43.7%] - Still on track to nearly triple earnings in five years - Update

We upgrade SCS to a BUY from an OUTPERFORM rating and raise our target price by 52.0% to VND188,500, implying a total stock return of 43.7%. While our fundamental top-line growth and margin assumptions remain unchanged, our target price has been revised upward mainly due to DCF and EPS roll-over effects.