[TCB/BUY/ TP: VND 43,700] - Expected cost of capital to decrease                                            
                    
                        
                        07/08/2023                    
                Summary
Techcombank is one of the largest joint stock banks in Vietnam with considerable success. TCB has always focused on developing technology to lead in the digitalization progress of the financial industry. TCB focuses on developing in the segment of real estate development loans and home loans, we this segment owns a great potential for future growth. With residual income method (RI) and P/B comparison method, we update our target price for TCB in the next 12 months at VND43,700, upside potential at 30.1%.
Company
                                    
                                        TCB-Vietnam Technological and Commercial Joint Stock Bank                                    
                                Category
                                    
                                        Update                                    
                                Author
                                    
                                        Phuong Nguyen                                    
                                Details
                                    Page: 13
Lauguage:
File format: pdf
Size: 1.09 MB
 
                 
                         
                         
                        