Stocks in Focus on December 22, 2023: CPN and BBL

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on December 22, 2023.


Liberator Securities (LIB) has given a “BUY” recommendation on Central Pattana Public Company Limited (SET: CPN) with a target price at ฿82.00/share.


LIB expected year-end and new year celebrations will boost  traffic, along with its newly opened department store. The current trading valuation of 2024PE ratio is 20x, which is below its historic average of 28x. Due to this reason, the analyst recommended investors to gradually accumulate the share.


LH Securities (LHS) has given a “BUY” recommendation on Bangkok Bank Public Company Limited (SET: BBL) with a target price at ฿207.00/share.

LHS stated that BBL showed strong 3Q23 profit growth (+48% YoY), following an uptrend of interest rate hike and lower provision. 9M66 net profit grew 51% YoY and the whole year should record 44% growth.

The analyst viewed that the current valuation is attractive for accumulation due to its strong security. The overall loan portfolio is big corporate that could give BBL the ability to control its asset quality better than other banks.