Stocks in Focus on April 7, 2021: SCGP and ITEL
Stocks in Focus on April 7, 2021: SCGP (Krungsri Securities TP at ฿52.00/share) and ITEL (Finansia Syrus Securities TP at ฿6.40/share).
Kaohoon Online has selected stocks with the high-growth potential for investors to consider on April 7, 2021.
Krungsri Securities (KSS) has given a “BUY” recommendation on SCG Packaging Public Company Limited (SCGP) with a target price at ฿52.00/share.
KSS revised up its target price for SCGP from Bt50.00 to Bt52.00, seeing profit from SOVI, Go-Pack and higher profit margin to boost the company’s 1Q21 net profit to grow 20% QoQ and 3% YoY to 1.8 billion baht. Meanwhile, the acquisition of Duy Tan is expected to complete in 2Q21, which will boost SCGP’s momentum for the rest of the year.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Interlink Telecom Public Company Limited (ITEL) with a target price of ฿6.40/share.
FSS revised up ITEL’s target price to Bt6.40 with an estimated 2021-2023 CAGR at 26.4% (+20% previously) from a strong momentum in its new businesses such as drones, anti-drone and social data, that could potentially create a new S-Curve for the company. The addition to its revenue from these new businesses will add up to its 3.8 billion baht.