April 26, 2024

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[THE INVESTOR] Samsung SDI stocks are likely to rise further as the market anticipates it will turn to black in the second quarter, said Kiwoom Securities on May 18. 

The securities firm maintained a “buy” recommendation and raised the target price to 190,000 won (US$168.96) from 170,000 won. 

Sales of its battery for electronic vehicles may improve depending on the possible easing of THAAD tensions with China following the launch of a new administration in Korea, said analyst Kim Ji-san. 

Samsung Display’s active investments including building a new OLED factory could increase its profits, added the analyst. 

Polymer sales have risen sharply and its investments in safety after the Galaxy Note7 recall led to winning back clients’ trust, noted Kim.

By Hwang You-mee (glamazon@heraldcorp.com)