Three brokers have issued differing recommendations and target prices for EGCO shares. Yuanta Securities recommends a buy with a target of 187 baht, Asia Plus Securities suggests speculative trading at 135 baht, and KGI Securities advises a hold at 125 baht. Yuanta expects second-quarter 2026 core profit of 610 million baht, down from the previous quarter and the same period last year due to seasonal factors in the United States, the Yunlin wind project, and a shutdown at the Paju power plant. However, it forecasts a recovery in third-quarter 2026 profit to between 1.2 and 1.4 billion baht. Asia Plus has cut its 2026 and 2027 profit estimates by 30.4 percent and 22.8 percent respectively, following the partial sale of stakes in the BPU and KLU projects, and expects third-quarter 2026 profit to recover thanks to the summer season in the United States and the rainy season for hydropower plants. Meanwhile, KGI estimates second-quarter 2026 net profit at 630 million baht, down 71 percent from a year earlier, and sees downside risk to full-year 2026 profit. However, it notes that valuation is not expensive and a dividend yield of around 5 percent should help limit the stock's downside.
Electricity Generating Public Company LimitedBrokers issue mixed recommendations and target prices, with profit forecasts varying.