Headline: PTTEP’s share price is rallying toward THB162, as global oil prices are likely to reach US$100 a barrel
PTT Exploration and Production (SET: PTTEP) is rallying toward its target price of THB162.00, following Goldman Sachs’ forecast that global oil prices will likely reach a new record high this year, possibly hitting $100 per barrel, due to tight supply and rising demand.
Headline: LH to report earnings of THB7.8 billion this year; Analysts rate “BUY” with a target price of THB10
Land and Houses (SET: LH) is projected to report a net profit of THB7,860 million this year, an increase of 18% from last year, owing to the company’s rental properties business and higher shared profit from joint venture companies. Analysts rate the stock “BUY” with a price target of THB10.00.
Headline: BLA expects a 154% increase in its 2021 earnings; Analysts give target price at THB50
Bangkok Life Assurance (SET: BLA) expects a profit of THB4.1 billion in 2021, up 154%, and THB4.7 billion in 2022, due to rising bond yields and lower expected credit loss. Analysts recommend “BUY” with a target price of THB50.00 (upside 11%).
Headline: Top 14 high-dividend stocks to buy, led by TISCO, BBL, LH and BCP
Kaohoon Turakij compiles a list of the top fourteen stocks to buy which offer a high yield and a healthy profit, led by TISCO, LH, KKP, TTB, and BBL, and followed by MC, AP, SC, NER, SAT, BCP, TVO, ICHI, and THANI.
Headline: SCB’s 4Q21 earnings to hit THB8.8 billion, up 74% over the year
The Siam Commercial Bank’s (SET: SCB) takeover of Bitkub is likely to close in the first quarter of this year. Analysts project that this acquisition will boost SCB’s profit by 4-5%, while 4Q21 earnings are expected to be THB8.8 billion, up 74%. Analysts recommend “BUY” with a target price of THB150.00.
