[Opinion] "Samsung Electronics Stock Price Recovery Unlikely to Be Easily Recovered": Securities Firm That Raised Peak Times Issues Warning Again
4 Articles
4 Articles
BNK Investment & Securities, which was the first in the securities industry to present a negative outlook for the semiconductor sector, has once again issued a conservative opinion on Samsung Electronics and SK Hynix. It lowered its investment rating for Samsung Electronics to 'Hold' and set a target price for SK Hynix lower than the current share price.
(Seoul = Yonhap News) Reporter Hwang Cheol-hwan = Samsung Electronics [005930] and SK Hynix [000660] are fluctuating within a flat range in early trading on the 15th.
On the 15th, BNK Investment & Securities downgraded its investment rating for Samsung Electronics to "Hold," citing the continued slowdown in memory semiconductor demand and the limited upside potential of the stock price. The target price was also lowered from the previous 300,000 won to 270,000 won. Samsung Electronics' closing price on the previous day was 249,000 won. Regarding SK Hynix, the firm stated that second-half earnings are expected…
While semiconductor stocks weakened overnight in the New York Stock Exchange, the domestic semiconductor market was strong at the beginning of the market. According to the Korea Exchange on the 15th, as of 9:46 a.m. on the same day, Samsung Electronics shares are trading at 251,250 won, up 0.90% from the previous day. SK hynix is trading at 1714,500 won, up 1.00%. On the 14th local time, the semiconductor sector weakened in the New York Stock Ex…
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