Finansia Syrus Securities Public Company Limited, or FSS, issued an analysis recommending the purchase of shares of i-Tail Corporation Public Company Limited, or ITC, with a 2027 target price set at 21.30 baht. For the third-quarter 2026 operating outlook, the research team expects net profit of 754 million baht, down 11% from the previous quarter and down 7% from the same period a year earlier, pressured by expenses that slowed margins, while revenue still grew strongly at 16% year on year. ITC's business direction is expected to return to outstanding growth in the fourth quarter of 2026, with revenue forecast to hit its annual peak, helping drive net profit higher, and there is also upside from a merger or M&A deal, which is expected to be concluded and officially announced within the fourth quarter of 2026. The research team expects ITC's 2026 net profit at 3.34 billion baht, growing continuously to 3.76 billion baht in 2027, representing average growth of 12% year on year. On the technical view, support is estimated at 16.30 and 16.00 baht, with resistance at 16.80 to 17.00 baht and 17.80 to 18.00 baht.
i-Tail Corp. PCLFSS recommends buying ITC with a 21.30 baht target, citing expected Q4 profit surge and M&A upside.
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