Stocks in Focus on June 21, 2022: JMART and DTAC

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 21, 2022.

 

Maybank Securities (Thailand) has given a “BUY” recommendation on Jay Mart Public Company Limited (SET: JMART) with a target price at ฿75.00/share.

MST expected JMART’s 2022 earnings growth to remain strong, led by JMT and SINGER that continued to move forward. In the recent announcement, the company was included in SET50 Index, which would be positive sentiment to JMART. MST stated that the share price had rebased and saw an opportunity to accumulate.

 

Krungsri Securities (KSS) has given a “BUY” recommendation on Total Access Communication Public Company Limited (SET: DTAC) with a target price at ฿54.50/share.

KSS stated that the announcement from the Administrative Court on dismissing the appeal to slow down DTAC and TRUE’s amalgamation was a positive sentiment to both companies.

KSS added that the current share price is trading lower than the tender offer price at THB47.75 per share, seeing an opportunity to buy.