THE INVESTOR

메뉴열기

[EQUITIES] ‘STI remains undervalued’

PUBLISHED : May 19, 2017 - 16:26

UPDATED : May 19, 2017 - 16:26

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

[THE INVESTOR] STI’s stock price has risen but it is still underrated, said Shinyoung Securities on May 19, maintaining a “buy” recommendation and raising the target price to 20,000 won (US$17.76) from 16,500 won. 




Its stock price hiked 23 percent in three months as display manufactures expanded investment in OLED and released strong earnings but is still low by 6.4 times its price-earnings ratio, said analyst Jeong Gyu-bong. 

To meet the growing demand for OLED, panel makers will spend more aggressively, particularly in China on the back of government support, according to the analyst. 

STI’s backlog orders reached 80 billion won in the first quarter and it will benefit in the long term, said Jeong.

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

  • 페이스북
  • 트위터
  • sms
최상단으로
Herald Corporation|CEO : Kwon Chung Won
JUVENILE PROTECTION MANAGER : Shin Chang Hoon
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0615|Business info
COPYRIGHT HERALD CORPORATION. ALL RIGHTS RESERVED.