AlphaBIZ - NH Investment & Securities raised its target price for Samsung Life Insurance, saying it is expected to expand its differentiated shareholder return

Samsung Life Insurance. Photo = Samsung Life provided

 

[Alpha Biz=(Chicago) Reporter Paul Lee] NH Investment & Securities Co. on the 13th raised its target share price to 116,000 won from the previous 99,000 won, believing it is expected to be the most visible and active shareholder return among major insurance shares. The investment opinion remained 'buy'.

NH Investment & Securities explained, "We reduced the discount rate in the financial sector and raised the target price to reflect the ability to expand shareholder returns, which is the most advanced among insurance stocks."

Samsung Life Insurance is expected to be able to continue its policy of expanding shareholder returns among major insurers.

 

AlphaBIZ Paul Lee(hoondork1977@alphabiz.co.kr)