Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 20, 2022.
Capital Nomura Securities (CNS) has given a “BUY” on Bangkok Life Assurance Public Company Limited (SET: BLA) with a target price at ฿50.00/share.
CNS stated that for the mid and long-term outlook of BLA’s share price, the base will solidly increase as the insurance business will be on an uptrend along with a recovery in the Thai economy. A rise in bond yield will also help in lowering provisions. Meanwhile, the possibility of an implementation of a new evaluation system to promptly meet customer demand could be a new S-curve for the business.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Sabina Public Company Limited (SET: SABINA) with a target price at ฿27.00/share.
MST raised SABINA’s earnings forecast for 2021-2022 by 9-10%, reflecting better-than-expected profit margins. The 4Q21 profit is projected at 92 million baht (+66% QoQ and +30% YoY), making it the highest in 8 quarters. This was due to a recovery in in-store sales, and an increase in online and OEM sales.
