VCSC Daily - Stocks jump to just below 11-year high - CTG, GAS, HPG, PVT, STB

Market Commentary

26 Feb 2018

CTG: Positive outlook on NIMs; VAMC to be resolved - Update. We upgrade our rating for CTG from OUTPERFORM to BUY with a new TP of VND36,950 (a 66% increase) from VND22,200, offering a total upside of 23.8%. The upgrade in TP is mostly due to a faster than expected process of provisioning for VAMC.

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