Maintain BUY rating and target price at VND 115,300
FPT Corporation (HoSE: FPT) is a leader in the technology sector with a core business have huge growth potential and strong financial health. We update the target price of FPT at VND 115,300 based on the expectation that revenue and net profit will continue to soar thanks to:
(1) Rapid growth of the global IT segment with large customers & effective M&A strategy;
(2) Made-by-FPT products gradually asserted their mark with PayTV, Data Center (DC) & advertising;
(3) The education segment grew significantly driven by the increasing number of learners and tuition fees.
File format: pdf
Size: 1.25 MB