Kaohoon Online has selected stocks with a high-growth potential for investors to consider on April 8, 2022.
Maybank Securities (Thailand) has given a “BUY” recommendation on Kasikornbank Public Company Limited (SET: KBANK) with a target price at ฿185.00/share.
MST stated that KBANK’s earnings growth is expected to be 8% in 2022, underpinned by a lower credit cost. Meanwhile, valuation is currently attractive at PBV 0.76x, which is lower than its peers. Also, KBANK will benefit from the rate hike cycle from the 38% holding of Muang Thai Assurance company.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Praram 9 Hospital Public Company Limited (SET: PR9) with a target price at ฿15.00/share.
FSS stated that the momentum is on an uptrend in 1Q22, buoyed by increasing IPD patients significantly, especially higher demand from cash-paying patients. The revenue from Covid-related services also contributed to PR9 performance.
FSS stated that PR9 is reaping products from its investment in new buildings, expecting 2022-23 profit to increase 49% and 28%, respectively. The share price is currently trading at PER 26x, lower than historic average of its sector at 34x.
