Daishin Securities maintained a 'buy' rating and a target price of 81,000 won for J Contenttree, saying that the performance will improve with Netflix's second original drama 'Hellbound'.
The Netflix original drama 'Hellbound' is released on the 19th, drawing keen attention even before its airing as a large number of domestic top stars such as Yoo Ah-in, Park Jung-min and Kim Hyun-joo appeared.
"Although one work does not have a significant impact on performance, Hellbound is the second work by JTBC Studio's production subsidiary Climax Studio, which suffered a combined loss of 9 billion won at home and abroad in the third quarter, will improve," Daishin Securities explained.
"J Contenttree has confirmed its lineup for one year after signing about 20 JTBC and Netflix simultaneous reflection and six to nine original supply contracts for three years from May last year," Daishin Securities added.
Reporter Lee Dong-hoon usinvestmentidea2020@gmail.com