Yuanta Securities stated that Banpu Public Company Limited, or BANPU, is likely to see a strong recovery in its second-half 2026 performance. The firm maintains a buy recommendation and a fair price of 19.00 baht. Analysts forecast a net profit of 6.5 billion baht for 2026 and view the natural gas business in the United States as a key medium-term driver, supported by demand from data centers and artificial intelligence, as well as the expansion of liquefied natural gas production capacity. Additional support comes from an interim dividend for the first half of 2026 of 0.40 baht per share, representing a yield of 2.7 percent. The stock will trade ex-dividend on September 11, with payment on September 25.
Banpu Public Company LimitedYuanta maintains buy rating with 19 baht target, forecasts strong 2026 profit and dividend yield.
