News / Korea / yonhap_finance
NH Investment Cuts Samsung Heavy Industries Price Target, Citing Valuation Adjustments
Producer Manufacturing · Trucks/Construction/Farm Machinery · yonhap_finance · 2026-08-27
010140
NH Investment & Securities lowered its price target for Samsung Heavy Industries, highlighting floating data center projects as the key to future growth.
What Happened
Price Target Adjustment: NH Investment & Securities maintained a 'Buy' rating on Samsung Heavy Industries but lowered its target price to 32,000 KRW from 34,000 KRW. The adjustment reflects limited upside potential in LNG carrier prices and a conservative long-term growth forecast.
Data Center Potential: Analysts suggest that the company's future stock performance hinges on securing orders for floating data centers. Samsung Heavy is currently in the detailed design phase for a 50MW floating data center project in collaboration with a U.S. developer.
Earnings Outlook: The company's third-quarter results are expected to meet market expectations, driven by increased outsourcing of oil tankers. Profitability is projected to improve steadily through 2028 as contract prices and exchange rates remain favorable.
Order Momentum: Samsung Heavy has already exceeded its annual order target for merchant vessels. Management remains optimistic about securing additional contracts for LNG carriers and tankers while utilizing its expanded dock capacity to meet new market demands.
Read original
More in Producer Manufacturing
Producer Manufacturing · cnbc · 2026-08-29
The tire maker has an ongoing turnaround plan as the company tries to restructure its business, refinance and pay down years of debt.
GT, STLA, STLA
Producer Manufacturing · cnbc · 2026-08-28
Markets react to Kevin Warsh's critique of Fed communication strategies while GE Vernova names a new finance chief to replace the retiring Ken Parks.
PANW, AVGO, .SPX, CPB, CIEN, GEV, RIVN, ETN, GLW, DELL, VRT, ZS, PVH, SNOW, MDT, LULU, FIVE, CAT, HPE
Producer Manufacturing · cnyes · 2026-08-28
Following a recent FactSet survey, analysts have revised their 2026 EPS estimates for Tong Yang upward to NT$6.45, with a target price set at NT$102.5.
1319
Latest in Korea
Finance · yonhap_finance · 2026-08-29
After a month of extreme volatility, the KOSPI has stabilized following regulatory intervention, yet market momentum remains weak with low trading volume.
Finance · yonhap_finance · 2026-08-29
Following tightened regulations on single-stock leverage products, retail investors have sold off over 1.7 trillion won, leading to a sharp drop in trading.
Energy Minerals · yonhap_finance · 2026-08-29
Refining stocks like S-Oil and GS have outperformed the KOSPI as slow product supply recovery boosts refining margins despite crude supply challenges.
010950, 078930, 096770, 361610
Industrial Services · yonhap_finance · 2026-08-29
Construction stocks led the KOSPI this month, driven by expectations for large-scale non-residential projects like nuclear plants and AI data centers.
000720, 002990, 006360, 039490, 047040, 375500