After Krafton's earnings announcement,securities firms raised their target prices

Reporter Kim Jisun / approved : 2023-05-10 23:28:25
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[Alpha Biz=(Chicago) Reporter Kim Jisun] Securities firms have been raising their target prices one after another since the announcement of Krafton's earnings.

According to each securities firm on the 10th, △Hyundai Motor Securities 260,000 won→280,000 won, △NH Investment & Securities 230,000 won→250,000 won, △Hanhwa Investment & Securities 220,000 won→250,000 won, △Samsung Securities 180,000 won→200,000 won.

On the previous day, Krafton said its sales in the first quarter of this year on a consolidated basis rose 13.7% year-on-year to 538.7 billion won and operating profit rose 124.3% to 283 billion won. In addition to quarterly sales, operating profit is well above market expectations, and target prices are rising along with future earnings forecasts.

Meanwhile, Krafton is trading at 194,500 won at 10:11 am on the 10th, down 3.23% from the previous day.

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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