Analyst Pin-board PVS – 2021 outlook less optimistic
We have a neutral recommendation on PVS with a target price of 16,800 VND / share (2021 Strategy Report issued on 28/12/2020). PVS is trading at a trailing P/E of 13.1x and a P/B of 0.7x. Oil and gas stocks in the last sessions have risen strongly following the general trend of the market while there are not many supporting fundamentals, so we recommend investors to be cautious when choosing stocks to invest in 2021, especially when the stock market is in a volatile phase.
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