Stocks in Focus on December 2, 2020: EKH and KBANK
Stocks in Focus on December 2, 2020: EKH (KGI Securities TP at ฿5.80/share) and KBANK (Maybank Kim Eng TP at ฿140.00/share).
Stocks in Focus on December 2, 2020: EKH (KGI Securities TP at ฿5.80/share) and KBANK (Maybank Kim Eng TP at ฿140.00/share).
2 ธ.ค. 2563

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on December 2, 2020.
 
KGI Securities has given an “Outperform” rating on Ekachai Hospital Public Company Limited (EKH) with a target price at ฿5.80/share.
KGI expected EKH’s earnings should have passed the bottom in 2Q20. Its 3Q20 earnings showed positive developments in terms of profitability as gross margin improved significantly QoQ.
KGI raised FY20-21F earnings estimates by 36.8% and 13.0% after raising our margin assumptions to 27.0% and 37.0% (from 25.0% and 35.0%), respectively. As a result, KGI expected the company’s net profits to be Bt37mn (-77.0% YoY) in 2020F and Bt104mn (+181.7% YoY) in 2021F.
 
Maybank Kim Eng has given a “BUY” recommendation on Kasikornbank Public Company Limited (KBANK) with a target price at ฿140.00/share.
Maybank stated that economic recovery should benefit the banking sector, especially KBANK with the highest exposure in SME loan portfolio, coupled with capital inflows that continue to trade the sector with higher PBV.