Kiwoom Securities is predicting that LG Innotek will continue to improve its performance and increase in stock prices in the second half of this year as profitability of optical solutions and electronic components continues.
Due to the popularity of the iPhone 12 Pro series, sales of the optical solution sector are showing positive performance even in the off-season, and it is analyzed that performance improvement of electronic components will begin in earnest in the second half of the year due to recovery of automobile demand.
Kiwoom Securities offered 260,000 won in target share price along with LG Innotek's 'buy' opinion.
Kiwoom Securities predicted that optical solutions that collected more than expected report cards will drive LG Innotek's performance improvement in the first half of this year.
Along with optical solutions that have increased sales that exceed market expectations during off-season, Samsung Electronics is planning to record 'earning surprise' in second quarter due to increased demands for semiconductor substrates.
Kiwoom Securities predicted that LG Innotek's new strategic customer model will be effective in the second half of the year, while contributing to profits from low-performance electronic components will expand.
Reporter Lee Dong-hoon usinvestmentidea2020@gmail.com