LS, Forecast to Expand North American Market...Expected to be the biggest beneficiary (IBK Investment & Securities)
LS, Forecast to Expand North American Market...Expected to be the biggest beneficiary (IBK Investment & Securities)
  • 이동훈 기자
  • 승인 2021.10.21 10:26
  • 최종수정 2021.10.21 07:47
  • 댓글 0
이 기사를 공유합니다

 

LS전선
LS전선

IBK Investment & Securities said on the 21st that the stock price does not reflect the increase in the value of its stake in affiliates due to improved performance. Investment opinion 'Buy' and target price remained at 93,000 won.

"The electric wire does not have high growth, but it is advantageous for companies that dominate the market because it is difficult for new companies to enter," IBK Investment & Securities said. "As infrastructure investment increases in North America next year, many eco-friendly factors across all industries are expected to be applied, and demand for products that require technology such as ultra-high-voltage power lines, submarine cables and HVDC is expected to increase.".

For this reason, LS, which already has large-scale orders and construction experience in the global wire market, which requires product technology and stable procurement capabilities, is expected to benefit the most from market expansion.

At the same time, it is predicted that LS has a local wire company in North America. LS's performance has improved as orders for wires have increased mainly on ultra-high-pressure power lines and submarine cables, and its performance has continued to improve as the balance of orders worth more than 2 trillion won has been maintained.

In particular, the stock price of corporate value dash is undervalued.

IBK Investment & Securities added, "The stock price does not reflect this point compared to the capacity of affiliates to increase their equity value further.".

Reporter Lee Dong-hoon usinvestmentidea2020@gmail.com


 


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.