Samsung Securities lowered Orion's target stock price by 170,000 → 150,000 won
폴 리
hoondork1977@alphabiz.co.kr | 2023-11-22 08:18:27
[Alpha Biz=(Chicago) Reporter Paul Lee] Samsung Securities lowered Orion's target price from 170,000 won to 150,000 won on the 22nd.
Samsung Securities said, "We reflected the decline in the valuation of global Peers," adding, "Overseas sales have been sluggish with reverse growth. We could not avoid the impact of the drop in exchange rates."
However, Samsung Securities predicted Orion's sales and operating profit to grow 9% and 11% in 2024 compared to the same period last year.
[ⓒ AlphaBIZ. 무단전재-재배포 금지]
많이 본 기사
- 1Korean Low-Cost Carriers Cut Routes as Oil Prices and Currency Surge Amid Middle East Tensions
- 2Samsung Electronics, SK hynix Slide on Google ‘TurboQuant’ Fears, but Analysts See Demand Intact
- 3SpaceX IPO Buzz Lifts Korean Aerospace Stocks on Expectations of Record-Breaking Listing
- 4Kakao to Become Strategic Partner as Line Yahoo-Backed Fund Acquires Stake in Kakao Games
- 5Airlines Cut Flights as Jet Fuel Prices Surge Amid Middle East Conflict
- 6Korea’s Financial Regulator Flags Shinhan Life, KB Life Partners in Variable Insurance Sales Review