MAJOR Jumps 4%, Analyst Recomm. “BUY” at ฿22.3 as Blockbuster Films Return to Cinema

MAJOR Jumps 4%, Analyst Recomm. “BUY” at ฿22.3 as Blockbuster Films Return to Cinema 

The share price of Major Cineplex Group Public Company Limited (MAJOR) rose ฿0.80/share or 3.76% to ฿22.10/share with a trading value of 130 million baht in the morning session on March 26, 2021. 

 

Maybank Kim Eng has given a “BUY” recommendation on Major Cineplex Group Public Company Limited (MAJOR) with a target price of ฿22.30/share.

Maybank stated that MAJOR’s earnings outlook should gradually rise in line with the reopening of the border and with pent-Up demand. Combined with more interesting films to be released such as Fast 9, Black Widow, Mortal Combat and Godzilla vs. Kong that just released yesterday received very good feedback.

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