HD Korea Shipbuilding Set to Gain From Subsidiaries' Strong Earnings -- Market Talk

Dow Jones
2024-11-12

0343 GMT - HD Korea Shipbuilding & Offshore Engineering is set to gain from stronger-than-expected earnings improvements at its subsidiaries, Daiwa Capital analysts Mike Oh and Daeho Son say. They raise their EPS forecast for the South Korean intermediate holding company of three shipbuilders--HD Hyundai Samho, HD Hyundai Heavy Industries and HD Hyundai Mipo--by 76% for 2024, 64% for 2025 and 54% for 2026. They expect the holding firm's dividend yield to rise to 4.3% in 2025 from 2.3% in 2024. Daiwa upgrades its rating on HD Korea Shipbuilding to buy from outperform and raises its target by 60% to 240,000 won. Shares are 1.1% lower at 191,700 won. (kwanwoo.jun@wsj.com)

 

(END) Dow Jones Newswires

November 11, 2024 22:44 ET (03:44 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10