Báo cáo phân tích

Vietnam Outlook: Breaking free of COVID-19

Nguồn báo cáo: HSC

Doanh nghiệp liên quan:

Ngày phát hành: 02/12/2021

Presenting during HSC’s Bouncing Back from Covid conference, Head of Research and chief market strategist Chris Hunt today revealed his end-2022 VN Index target of 1800, 20% upside from the current level. HSC believes positive earnings growth momentum and valuations are supportive of additional upside for Vietnamese equities over the next 12 months. We are forecasting EPS growth of close to 22% in FY22 which would put the index on an undemanding PER of 13.4x, a discount to the rest of the region despite superior earnings growth.