Samsung Electronics’ unstoppable race continues.
On the 8th, in the stock market, Samsung Electronics again renewed the reported price.
As of 9:21 am, Samsung Electronics’ share price is trading at 84,600 won, up 2.05% from the previous day.
Although it is an intraday basis, in the new year of 2021, the stock price rose 4.44%, and the market capitalization of common stocks again exceeded 500 trillion won.
The financial investment industry has recently raised the target price of Samsung Electronics.
We raised the target price to KRW 111,000 for Hana Financial Investment and KRW 104,000 for DS Investment & Securities and 100,000 KRW for E-Best Investment & Securities.
However, there is also a view that a long-term perspective should be approached while checking performance rather than reckless pursuit purchase.
Samsung Electronics released a report card that slightly fell short of market expectations in the fourth quarter.
Samsung Electronics announced on the 8th that the provisional operating income for the fourth quarter was 9 trillion won, a 25.70% increase from the previous year.
The sales amounted to 61 trillion won, up 1.87% from the previous year.
This is below market expectations.
According to Wise Report, a financial information company, Samsung Electronics’ 4Q 2020 earnings forecast is 9,74 trillion won.
Samsung Electronics recorded its record-breaking performance in the third quarter of last year with an operating profit of KRW 12,353.3 billion.
The concerns of’Donghak Ant’ are deepening whether Samsung Electronics’ share price continues to rise despite earnings below market expectations in 4Q.
Jung Jun-beom, Global Economic Reporter [email protected]
[알림] This article is for information on investment decisions, and there is no responsibility for any investment losses based on this.