April 20, 2024
Stocks & Bonds
[EQUITIES] ‘KAI to win over W10tr orders in 2017’
[THE INVESTOR] Korea Aerospace Industries will bag orders over 10 trillion won (US$8.49 billion) this year, and its operating profit will rise 12.9 percent to 370.1 billion on-year, forecast HI Investment and Securities on Jan. 13.
The securities firm maintained its 125,000 won target price.
“KAI will lead the industry in South Korea from planes, satellites and launchers to unmanned aerial vehicles,” said analyst Kim Ik-sang, advising to purchase its stocks incrementally.
By Hwang You-mee (glamazon@heraldcorp.com)
The securities firm maintained its 125,000 won target price.
“KAI will lead the industry in South Korea from planes, satellites and launchers to unmanned aerial vehicles,” said analyst Kim Ik-sang, advising to purchase its stocks incrementally.
By Hwang You-mee (glamazon@heraldcorp.com)
