April 23, 2024

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[THE INVESTOR] YG Entertainment will gain momentum once “YG Treasure Box” begins airing, said Eugene Investment and Securities on Nov. 27 maintaining a “buy” recommendation and 49,000 won (US$43.34) target price. 

Since the first episode was released in mid-November, it has already attracted about 120,000 followers on YouTube and 100,000 on VLIVE and is fast gaining popularity, said analyst Han Sang-woong. 

In time, the fan base of the boy band will grow. The group will consist of five “survivors” and will be trained and managed by YG Entertainment. It will be able to grow fast both in terms of album sales and activities, the analyst forecast.

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