On the 9th, KB Securities maintained its investment opinion 'buy' and target stock price 24,000 won, respectively, saying that BH is expected to break its record in 2022.
KB Securities explained, "BH's performance in 2022 is estimated to be 1.662 trillion won in sales and 99.5 billion won in operating profit, breaking the record.".
KB Securities said, "The increase in market share in Samsung Display due to its competitor Samsung Electro-Mechanics' withdrawal from the RFPCB business is expected to lead to an increase in sales of major customer companies in Korea and North America.".
KB Securities explained, "it is also expected to benefit as RFPCB's sole supplier as domestic customers'foldable smartphone sales are expected to increase significantly compared to the previous year.".
KB Securities maintained its target stock price at 24,000 won, analyzing that "BH's fourth-quarter earnings in 2021 are estimated to be 2,957 billion won in sales and 31.2 billion won in operating profit."
Reporter Lee Dong-hoon usinvestmentidea2020@gmail.com
