Stocks in Focus on February 10, 2021: WICE and PTTGC

Stocks in Focus on February 10, 2021: WICE (Maybank Kim Eng TP at ฿6.70/share) and PTTGC (Krungsri Securities TP at ฿70.00/share).

Kaohoon Online has selected stocks with a potentially high growth for investors to consider on February 10, 2021.

 

Maybank Kim Eng has given a “BUY” recommendation on Wice Logistics Public Company Limited (WICE) with a target price at ฿6.70/share.

Maybank expected WICE’s 4Q20 earnings to jump to THB60m (+328% YoY, 10% QoQ), in response to global economic recovery driven by recovering exports. Especially for customers in the electronics industry, which is WICE’s main customer.

 

Krungsri Securities (KSS) has given a “BUY” recommendation on PTT Global Chemical Public Company Limited (PTTGC) with a target price at ฿70.00/share.

KSS expected PTTGC’s 4Q20 net profit to surge 610% QoQ and 1,625% YoY to Bt6.40b., while having competitive advantage as a gas-based producer as production cost will rise at a slower pace than peers when oil prices are rising.