VGI Jumps 5% following a Joint Investment in JMART to Diversify Its Business
VGI rose ฿0.30/share or 4.76% to ฿6.60/share, analyst has given a "BUY" rating with a target price of 6.90 baht
The share price of VGI Public Company Limited (VGI) rose ฿0.30/share or 4.76% to ฿6.60/share as of 15:48 local time in Thailand, with a trading value of 746 million baht.
Country Group Securities stated that it had a positive view on VGI’s investment in Jay Mart Public Company Limited (JMART), as it would be aligned with VGI’s strategic expansion plan to diversify its investment portfolio, including financial services. As a result, CGS has given VGI a “BUY” rating with a target price of 6.90 baht.