บทวิเคราะห์ (Research)

On track for market share expansion Maintain BUY with higher TP of THB95 We reiterate our BUY rating due to: i) strong 4Q24E core net profit; ii) continued market share expansion; and iii) upside from overseas expansion. We lift our TP to THB95 (based on 29x FY25E P/E, -0.75 SD of its 5-year mean) from THB91 after raising our FY24-26E core EPS forecasts by 1.4-4.5%.