บทวิเคราะห์ (Research)

BCPG : Raised TP to reflect faster progress in projects The tone was positive at the SET Opportunity Day event yesterday. The company revealed good progress in ongoing projects and secured funding for future investments. We maintain a Trading Buy rating on BCPG with a higher TP of Bt7.3 (from Bt5.9), reflecting contribution from ongoing projects. However, earnings could drop during 2H24-1H25F as target SCOD for most of the projects is 2H25. Hence, ROE would remain low.