KCE Gains 5%, Analyst Expects a 6-Fold Earnings Growth in 2Q21, Giving TP of ฿90
KCE rose ฿3.75/share or 5.10% to ฿77.25/share in the morning session on Monday, July 12, with a trading value of 1,386 million baht.
The share price of KCE Electronics Public Company Limited (KCE) rose ฿3.75/share or 5.10% to ฿77.25/share in the morning session on Monday, July 12, with a trading value of 1,386 million baht.
Country Group Securities (CGS) expects KCE’s earnings of 531 million baht (+644% YoY, +6% QoQ) in 2Q21, thanks to an improving revenue of 3.6 billion baht (+71% YoY, +7% QoQ). Thus, CGS has given a target price on KCE at 90 baht.