Dao Securities (Thailand) Public Company Limited has issued a research note recommending a Buy on Srinanaporn Marketing Public Company Limited, or SNNP, with a target price of 8.00 baht, seeing the company as a likely beneficiary of the Thai Help Thai Plus Phase 2 programme after the Cabinet approved its continuation during October to November 2026. The analyst team noted that SNNP's snack and beverage products have a broad consumer base and strong market recognition, positioning the company to benefit from a recovery in purchasing power driven by the consumption stimulus measures. Dao also assesses that SNNP's earnings trend has already passed its trough and is likely to recover gradually ahead, with additional support from domestic sales that are improving in line with consumption. The analyst team therefore maintains its Buy recommendation on SNNP with a target price of 8.00 baht.
Srinanaporn Marketing Public Company LimitedDao Securities maintains a Buy rating with an 8.00 baht target price, citing earnings that have passed their trough and should recover gradually.
