On Thursday at 11:07 AM (Bangkok time), the share price of Bangkok Airways Public Company Limited (SET: BA) rose by 3.60% or THB 0.50 to THB 14.40, with a trading value of THB 104.17 million.
Finansia Syrus Securities (FSS) has issued a ‘Buy’ recommendation for BA, with an average target price of THB 18.44 per share based on the IAA consensus.
In the short term, the company is expected to benefit from positive sentiment driven by the recent sharp decline in crude oil prices. Brent crude is currently trading at approximately $100 per barrel, following progress in negotiations between the United States and Iran toward ending the ongoing conflict. This development is seen as a positive factor for the airline sector.
Should the war conclude within the second quarter of 2026, and if oil prices continue to moderate, this would provide additional support to the airline’s business in the third quarter of 2026, which coincides with the peak travel season in Samui.
BA’s current valuation is viewed as highly attractive, with the company presently trading at a price-to-earnings ratio (PER) of just 8 times and offering a dividend yield of over 7% per annum.
