PTTEP faces oil-price and production-volume challenges, according to Maybank Securities. Maybank lowers PTTEP target price from THB179.00 to THB158.00 with unchanged buy rating. OPEC+ production increases may negatively impact PTTEP's growth assumptions. Shell's Q3 gas trading aligns with expectations despite projected earnings decline. Shell faces challenges in its chemicals division and declining refining margins.
Bumrungrad Hospital's growth is supported by Middle East patient arrivals. Expansion project enhances treatment capacity with new facilities and beds. Analysts raised the target price to THB303 from THB235.
Target Hospitality's stock dropped 24% after a buyout deal collapsed. A special committee was formed to review Arrow Holdings' $10.80 bid. The stock closed at $9.44, below the buyout offer price.