Stocks in Focus on November 27, 2019: CPF and BCH
Stocks in Focus on November 27, 2019: CPF (Krungsri Securities TP at ฿33.00/share) and BCH (Krungsri Securities TP at ฿20.00/share).
Kaohoon Online has selected stocks with a potential of high growth for investors to consider on November 27, 2019.
Krungsri Securities (KSS) has given a “BUY” recommendation on Charoen Pokphand Foods Public Company Limited (CPF) with a target price at ฿33.00/share.
KSS states that the African Swine Fever (ASF) outbreak has been priced-in. It is expected that earnings should recover in 4Q19 as domestic swine price has rebounded from Bt55/kg to Bt60 while the price in Vietnam has almost doubled from VND33,000/kg to VND60,000.
Krungsri Securities (KSS) has given a “BUY” recommendation on Bangkok Chain Hospital Public Company Limited (BCH) with a target price at ฿20.00/share.
KSS states that NCH’s earnings growth should remain robust in the near-term. There is an upside to earnings if the social security office agrees to increase the treatment benefits ceiling for members, which is reviewed every two years. Rates were last raised in July 2017.