Shinhan Financial Investment Corp. offered its investment opinion on Hansol Chemical at 'Buy' and the target price at 316,000 won. The target price was raised by 12% increase from 280,000 won.
Shinhan Financial Investment Co. said, "Hansol Chemical is expected to post an earnings surprise in the first quarter. The strong earnings is benefited from effect of expanding NB latex in strong semiconductor, OLED and secondary battery materials. This year's operating profit is expected to increase by 39.7% year-over-year to 212.3 billion won.
Shares closed at 259,500 won on Wednesday, up 7.68% from the previous day. As of the previous day's closing price, the share price return multiple (PER) is 24.0 times, the share price to book ratio (PBR) multiple is 5.32 times, and the return on equity (ROE) is 22.2%.
Reporter Lee Dong-hoon usinvestmentidea2020@gmail.com
