DS Investment & Securities has offered a new target price of 58,000 won for Cuckoo Homesys and its investment opinion of 'Buy'.
The securities firm analyzed, "Cuckoo Homesys will perform well this year thanks to the growth of rental business in overseas markets. Its operating profit to reach 155.6 billion won this year, up 14.5% from a year earlier. Sales are expected to increase by 13.5% to 893 billion won."
Cuckoo Homesys will find its mid to long-term growth engines through new businesses such as home appliances for pets. The company launched home appliances for pets last year, including pet dry rooms, automatic feeding machines, and automatic water purifiers.
Reporter Lee Dong-hoon usinvestmentidea2020@gmail.com
Tag
#DS Investment & Securities
#Cuckoo Homesys
#home appliances for pets
#rental business in overseas markets
#automatic feeding machines
#pet dry rooms
#utomatic water purifiers
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