NH Investment & Securities has extended the performance improvement cycle for Hanwha Ocean from 2027 to 2028, due to increased orders of LNG carriers and offshore plants this year. The target stock price has been raised to 90,000 won, a 34% increase from the previous estimate. Performance improvement is expected to continue beyond 2028 due to future orders for LNG carriers, large floating production storage and offloading units, and domestic and international warship orders.
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Auto-posted at: 2025-03-18 09:01:37