PTG Reaches a New High in 18 Months at ฿22.80, Analyst Recommends “BUY” at TP ฿23.00
PTG has risen by ฿1.10/share or 5.09% to reach ฿22.70/share. The share price has increased 23.36% from the closing price at ฿18.40/share on July 5.
As of 12:10 on July 23, 2019, the share price of PTG Energy Public Company Limited (PTG) has risen by ฿1.10/share or 5.09% to reach ฿22.70/share. The share price has increased 23.36% from the closing price at ฿18.40/share on July 5.
The highest share price PTG in the morning session was ฿22.80/share, making it a new high in 18 months since January 11, 2018 at ฿22.60/share while the lowest of the day was ฿21.70/share.
KTB Securities Thailand or KTBST stated in the analysis, recommending “BUY” PTG at the target price of ฿23.00/share, excluding the growth in biodiesel business from the government’s stimulus plan to boost palm oil, making PTG’s palm complex to receive direct benefit.