Stocks in Focus on March 16, 2021: DTAC and MAJOR

Stocks in Focus on March 16, 2021: DTAC (Krungsri Securities TP at ฿57.00/share) and MAJOR (Kingsford Securities TP at ฿21.50/share).

Kaohoon Online has selected stocks with a potentially high growth for investors to consider on March 16, 2021.

 

Krungsri Securities (KSS) has given a “BUY” recommendation on Total Access Communication Public Company Limited (DTAC) with a target price of ฿57.00/share.

KSS stated that DTAC underperformed the SET Index despite fair fundamentals. In the meantime, KSS added that there is upside from country reopening which will boost SIM and mobile usage by foreign tourists and migrant workers.

 

Kingsford Securities has given a “BUY” recommendation on Major Cineplex Group Public Company Limited (MAJOR) with a target price at ฿21.50/share.

Kingsford expected MAJOR’s earnings in 2021 to be positive in response to the relaxing Covid-19 situation moving onwards amid a lineup of blockbuster movies that were delayed from last year. The company would also record higher advertising income and sales of food and beverage.

Kingsford expected MAJOR to record 832 million baht of profit in 2021 and 1.26 billion baht in 2022.