Kiwoom Securities raised its investment opinion on Simtech to 'Buy' and the target price to 25,000 won on the 29th.
The securities expected, "Simmtech's operating profit to exceed 100 billion won this year. The company achieved a qualitative leap focusing on the MASP substrate for graphics DRAM GDDR6 and server memory module PCB in the midst of COVID-19. Especially, MSAP substrate production capacity will be expanded, and semiconductor substrates for communication will result in next-generation product line capabilities such as RF-SiP. This year will be an year for Simmtech to set the foundation for sustainable growth. The company will show a recovery from the second quarter and the stock is expected to display a quarterly upward trend with production capacity and expansion effects."
Reporter Lee Dong-hoon usinvestmentidea2020@gmail.com
