VGI Rises 2%, Analyst Recommends “BUY” at the Target Price of THB11

As of 14.40 local time in Thailand, the share price of VGI Global Media Company Limited (VGI) was at THB9.45, increased THB0.15 or 1.61%. During a session, the highest VGI’s share price was THB9.55 and lowest was THB9.45 with a trading value of THB198 million.

Krungsri Securities recommended “BUY” VGI’s share with the target price of THB11. VGI is Krungsri top pick for out-of-home (OOH) media sector. Moreover, BTS is negotiating with Bangkok Metropolitan to renew the Green Line concession, which would benefit VGI. Net profit is projected at THB1,639 million, up 54% YoY.