Hanwha Systems price target 6ten thousand8 thousand won from 15ten thousand won, raised

Korea Investment & Securities raised Hanwha Systems’ price target on this day from 6ten thousand8000won to 15ten thousand won. The decision to raise the target reflected an assessment that the estimated operating profit growth rate would exceed the average among global competitors. The report cited the substantial securing of order-growth drivers as grounds for the increase.

The report includes an assessment that the estimated operating profit growth rate exceeds the average among global peers. It said the price target was recalculated based on specific figures and analysis. The original report explains the grounds for the increase.

The report presents the “substantial securing of order-growth drivers” as a key basis for calculating the price target. It says the report examined the possibility of future earnings improvement based on the order status. The phrase is presented as a direct quotation from the report.

This target-price increase is an adjustment based on Korea Investment & Securities’ own analysis. The report’s detailed items and assumptions can be found in the report itself. Investment decisions should be reviewed based on the report.

The report was published on 6month 1day. It was distributed with a target-price increase and the rationale behind it. The full report provides more detailed calculation grounds.

Hanwha Systems’ results should be compared alongside the company’s disclosures. Differences between the report’s assumptions and actual results affect investment decisions. Investors should review both the full report and the company’s disclosures.