Bangkok Expressway and Metro Public Company LimitedYuanta Securities recommends Buy with 10.50 baht target, expecting stronger H2 profit growth and 5.1% profit growth in 2026.

BEM expects its operating results in Q3/2026 to continue improving, as it is the high season for the electric train and expressway businesses, which will help drive an increase in passenger numbers. At the same time, it is upgrading the Metro Mall area at Chatuchak Station into a health station by organizing the "BEM CARE 2026 Health Station" event from September 4-6, 2026, in collaboration with public and private partners such as Siriraj Hospital, Piyavate Hospital, Bangpakok Hospital Group, the Thai Red Cross Society, and ThaiHealth, to make preventive health screenings more accessible to the public. Meanwhile, analysts from Yuanta Securities (Thailand) recommend a "Buy" on BEM shares with a target price of 10.50 baht, expecting stronger second-half profit growth due to lower maintenance costs and a tourism recovery. They forecast normal profit for 2026 to grow 5.1% to around 3.97 billion baht, with additional positive factors from the common ticket policy for electric trains and the opening of the Orange Line in 2028-2040.
Bangkok Expressway and Metro Public Company LimitedYuanta Securities recommends Buy with 10.50 baht target, expecting stronger H2 profit growth and 5.1% profit growth in 2026.