Kaohoon Online has selected stocks with a high-growth potential for investors to consider on September 26, 2023.
Liberator Securities (LIB) has given a “BUY” recommendation on Bangchak Corporation Public Company Limited (SET: BCP) with a target price at ฿48.00/share.
LIB had a positive outlook on the refinery business from high GRM and the acquisition of ESSO that put BCP as the largest operator in Thailand.
The OKEA petroleum business should benefit from rising oil prices and higher production capacity.
LIB expected the acquisition of ESSO will add THB 5.00 per share to BCP’s price.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on i-Tail Corporation Public Company Limited (SET: ITC) with a target price at ฿230.00/share.
MST stated that the price dropped 30% YTD due to disappointing 1H23 results. Expectations of a recovery in the 2H23, especially as the season progresses, may drive an acceleration.
In the short term, positive stock price movement is anticipated based on the report of August export sales, particularly for dog and cat food, following last month’s 8-month high.