Meritz Securities has issued a new report on Jusung Engineering, setting a target price of 46,000 KRW, indicating a potential upside of 35.1% based on the previous day’s closing price. The report forecasts 1Q25E sales of 115.8 billion KRW and an operating profit of 38 billion KRW for Jusung Engineering, citing increased orders from Chinese clients and domestic client DRAM investment. The target price set by Meritz Securities is similar to the average target price of 46,100 KRW from all securities firms over the past 6 months.
Original Article: Read More
Auto-posted at: 2025-04-08 09:03:10