PGP GLASS CEYLON PLC - Initiation Report - BUY

Unlock Exclusive Access!

Access exclusive content available only to registered members. Register or Login to experience exclusive insights and benefits.

Initiation Reports
31/03/2025
306
0
We initiate coverage on PGP Glass Ceylon PLC, Sri Lanka’s sole glass bottle manufacturer, with a BUY recommendation, setting a 12-month target price of LKR 46.40, with an upside of 35%. This target price is derived using a weighted average of our discounted cash flows, relative valuation (P/E) and dividend discount model offering a balanced perspective on the company’s growth potential in the glass manufacturing sector.
Discussion (0)
Latest Reports