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Thai Oil (TOP.BK)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (Bt)	Price Target (Bt)	Rating
2022-04-01	52.00	54.00	Neutral
2023-03-16	48.75	-	No Rating
2023-12-14	52.00	58.00	Buy
2024-04-29	56.25	60.00	Neutral
2024-07-22	53.00	60.00	Buy
2024-09-30	51.25	49.00	Neutral
2024-11-01	41.50	38.00	Sell
2024-12-23	25.50	22.00	Sell
2025-02-03	25.75	27.00	Neutral
2025-05-21	27.75	32.00	Buy

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.