Korean Investment & Securities (KIS): Samsung Electronics is "Severely Undervalued," Target Price Raised by 10% to 650,000 Korean Won

August 1st - South Korean brokerage firm Korea Investment Securities released a research report on July 31st stating that they have raised the target price of Samsung Electronics by 10% to 650,000 Korean Won, maintaining a 'Buy' rating.

The institution believes that the market is still pricing Samsung based on traditional cyclical logic, overlooking the long-term supply agreement driving the transformation of the memory business from "cycle-driven" to "order-driven." They expect the company's profit stability, earnings predictability, and valuation fundamentals to improve, with the current stock price deemed to be in a state of "severe undervaluation."