CS Wind, Forecast of 110% increase in 4Q operating profit last year...Target stock price increase(Meritz Securities)
CS Wind, Forecast of 110% increase in 4Q operating profit last year...Target stock price increase(Meritz Securities)
  • 안호현 전문기자
  • 승인 2021.01.28 18:15
  • 최종수정 2021.01.28 18:02
  • 댓글 0
이 기사를 공유합니다

This article is translated by AI company Flitto and Infostock Daily using neural machine translation technology.
씨에스윈드 기업 CI
CS Wind CI

[Infostock Daily= Reporter An Hoe Hyun] Meritz Securities presented its investment opinion on CS Wind as an Buy on the 28th and raised its target stock price to 214,000 won by 40% from the previous 152,000 won.

Meritz Securities expects CS Wind’s operating profit to rise 110% on-year to 33 billion won in the fourth quarter of 2020. Analysts say that both sales and margin ratios would have improved slightly compared to the previous quarter due to increased orders and stable production.

This year, production efficiency is likely to improve further due to the absence of large-scale expansion and demand for towers is expected to continue to increase.

CS Wind's investment in the United States was also positively evaluated. CS Wind announced a paid-in capital increase of 350.36 billion won in November last year. It is to promote the construction of the first wind power tower production plant in the United States.

As a result, CS Wind is expected to achieve more than 500 billion won in new sales in the United States in 2023.

Reporter An Hoe Hyun ahh@infostock.co.kr


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.