PVD – Starting to feel the pain of Covid-19 – Update
- We cut our FY20-21F EPS forecasts by 25-52% to take into account the delays in the company’s drilling contracts in 2H20-2021F.
- Downgrade to Hold, with a lower TP of VND11,700.
|
Market Price
|
Target Price
|
Dividend Yield
|
Rating
|
Sector
|
|
VND10,200
|
VND11,700
|
0%
|
HOLD
|
OIL & GAS
|
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