Carabao Group Thailand Upgraded to Strong Buy

Carabao Group Thailand Upgraded to Strong Buy

HEFFX have issued a STRONG BUY recommendation on Carabao Group. (CBG.BK) based on a one-year target price of 167.00 baht, offering a 75.79% upside potential from its closing price of 95.00 baht on May, 20th, 2020. Our recommendation is primarily driven by strong margins and growing revenue combined with an excellent balance sheet. About Carabao […]

Carabao Group PCL (BKK:CBG) Upgraded to Buy at HEFFX

Carabao Group PCL (BKK:CBG) Upgraded to Buy at HEFFX

Carabao Group PCL (BKK:CBG) Upgraded to Buy at HEFFX Carabao Group PCL (BKK:CBG) has been upgraded to a Buy at HEFFX with a 2018 target of B100. Carabao Daeng became the main sponsors of English Football League Championship side Reading F.C. Renewing their contract as Reading’s primary sponsor in June 2016 until the summer of […]