▶주메뉴 바로가기

▶본문 바로가기

THE INVESTOR
September 25, 2018
Big Reunion

Stocks & Bonds

[EQUITIES] ‘Kumho Petrochem will regain fast’

  • PUBLISHED :November 27, 2017 - 13:42
  • UPDATED :November 27, 2017 - 13:42
  • 폰트작게
  • 폰트크게
  • facebook
  • twitter
  • sms
  • print

[THE INVESTOR]



Boosted by the recovering spread of products including BPA, the petrochemical company’s operating profit in the fourth quarter will widely beat market expectations at 64.6 billion won, and in 2018 will reach 350.2 billion won, forecast analyst Park Yeon-ju.

As the industry recovers, its spread will expand and sales will rise while earnings from energy sector will improve, noted the analyst. Kumho will continue to advance in the coming three years at a speed faster than expected and its stock price will rise accordingly, according to Park.

By Hwang You-mee (glamazon@heraldcorp.com)
Kumho Petrochemical will recover fast as shipments expand and margins improve, said Mirae Asset Daewoo on Nov. 27, upgrading the recommendation to a “buy” from a “hold” and suggesting an 110,000 won (US$101.11) target price. 

  • facebook
  • twitter
  • sms
  • print

EDITOR'S PICKS