Analysts from Krungsri Securities and Phillip Securities Thailand have both raised their target prices for Ratchthani Leasing Public Company Limited, or THANI. Krungsri set a new target of 2.90 baht, up from 2.70 baht, while maintaining a buy recommendation, citing well-managed asset quality and forecasting 2026 net profit growth of 16 percent year-on-year. Phillip gave a 2027 base price of 2.75 baht, also recommending buy, and raised its 2026 net profit estimate to 1.4 billion baht, representing growth of 22.9 percent from the previous year. This follows second-quarter 2026 results that came in close to expectations, with net profit of 359 million baht, up 29 percent year-on-year and 5.6 percent quarter-on-quarter, supported by lower-than-expected provisioning, even as loans contracted for a twelfth consecutive quarter and non-performing loans rose to 2.35 percent.
Ratchthani Leasing Public Company LimitedTwo brokers raised target prices and maintained buy ratings, citing strong asset quality and profit growth.
