0347 GMT - AEON Thana Sinsap (Thailand)'s shares could gain on multiple catalysts, says DBS Group Research's Thaninee Satirareungchai in a note. Shares of the nonbank financial-services provider have been weighed by asset quality concerns. She reckons the share price could rerate thanks to the new Thai government's stimulus program, improving asset quality, falling interest rates, as well as the company's earnings recovery and decent dividend yield. She projects the company's 2Q FY 2026 earnings to rise 6.8% on quarter. She also expects stronger FY 2026 earnings, thanks to lower credit costs and operating expenses. DBS maintains its buy rating and THB130.00 target. Shares fall 0.4% to THB116.00. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
September 30, 2025 23:47 ET (03:47 GMT)
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