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🇰🇷 South Korea /Economy & Trade

KB Securities keeps Samsung Electronics target at 600,000 won, expects more shareholder returns

From Chosun Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

Analysis Named sources Context piece
  • KB Securities kept its target price for Samsung Electronics at 600,000 won.
  • The brokerage expects the company to expand shareholder returns within the year, potentially including share cancellations and dividends.
  • It also forecasts a sharp earnings increase as memory-market conditions improve, compared with Samsung’s previous close of 250,000 won.

KB Securities has maintained its 600,000-won target price for Samsung Electronics, pointing to the prospect of additional shareholder returns and a recovery in the memory business.

The brokerage expects Samsung to provide more concrete details within the year on expanded shareholder returns, including possible share cancellations and dividends. It also anticipates stronger earnings as conditions in the memory market improve.

Samsung Electronics closed at 250,000 won in the previous trading session. KB Securities Research Division head Kim Dong-won said the combination of improving results and potentially large shareholder returns could support the company’s valuation if the expected measures take shape.

The brokerage also expects Samsung to clarify the direction of its shareholder-return policy for the next three years.

If additional shareholder returns within the year and the direction of strengthening the next three-year shareholder-return policy become concrete, improved earnings and large-scale shareholder returns could come together.

· Kim Dong-wonThe KB Securities research chief explained the basis for maintaining Samsung’s target price.
About this summary

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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