"Reaching 210,000 Won This Year" KT&G, Opportunity for Aggressive Shareholder Returns... Hanwha Aerospace, Earnings Improvement to Begin in Earnings in the Second Half [Stock Topia]
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- 2026-07-15 11:35:15
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- 2026-07-15 11:35:15
/Photo = Yonhap News [Financial News] Here is a summary of reports from major securities firms for the morning of July 15.
KT&G is projected to show distinct earnings growth this year, compounded by unexpectedly robust domestic and international tobacco demand and exchange rate effects.
Hanwha Aerospace is analyzed to see both earnings and order momentum fully materialize simultaneously, as revenue recognition from overseas defense projects, such as those in Poland, is concentrated in the second half of the year.
The photo shows the KT&G Yeongdeungpo branch in Seoul on the afternoon of the 4th.
Korean Air is expected to significantly exceed market expectations for operating profit this year due to strong air cargo rates driven by expanded investment in artificial intelligence (AI).
The photo shows the KT&G Yeongdeungpo branch in Seoul on the afternoon of the 4th.7%, from 180,000 KRW) | Previous Day's Closing Price: 171,000 KRW - Investment Opinion: Buy (Maintain) Hana Securities raised its target price for KT&G to 210,000 KRW, stating that a clear trend of earnings growth is expected this year.Analyst Shim Eun-ju stated, "Strong earnings are expected driven by robust domestic tobacco sales and favorable exchange rates," adding, "As total domestic tobacco demand remains unexpectedly robust and exchange rate effects are also expected to have a positive impact throughout the year, earnings visibility remains high." Hana Securities assessed that it is "high." Hana Securities raised its forecast for KT&G's dividend per share this year to 7,500 won.
Analyst Shim stated, "Considering the dividend yield, the short-term stock price is expected to trade within a range around the upper 190,000 won level," adding, "However, given the active shareholder return policy, a buying strategy from a mid-to-long-term perspective appears valid whenever the stock price corrects.
" ※ Next Generation Product (NGP) This is a collective term for electronic cigarettes, heated tobacco products, and nicotine pouches that replace conventional cigarettes.
Hanwha Aerospace, Full-Scale Earnings Improvement Expected Starting Second Half Hanwha Aerospace (012450) ― Korea Investment & Securities / Analyst Jang Nam-hyun - Target Price: 2 million won (Maintain) | Previous Day's Closing Price: 872,000 won Korea Investment & Securities stated that earnings and orders for Hanwha Aerospace have passed their low point and will enter a full-scale improvement trend starting in the second half, maintaining a 'Buy' investment opinion and target price The target was maintained at 2 million won.
Analysis analyst Jang Nam-hyun predicted that the company's second-quarter operating profit would fall slightly below the consensus, but noted that "excellent export references and an aggressive localization strategy are increasing the likelihood of securing orders." It is expected that operating profit in the ground defense sector will surge in the second half of the year as revenue recognition from projects in Poland, Egypt, and Australia begins in earnest.Furthermore, anticipating the resumption of business negotiations with the Saudi Arabian Ministry of National Guard, Jang stated, "We estimate a contract size of over 10 trillion won.
The photo shows the KT&G Yeongdeungpo branch in Seoul on the afternoon of the 4th.
" The interpretation is that the foundation for mid-to-long-term growth will become even more solid, as major positive factors are concentrated within the year, such as the selection of the preferred bidder for the U.
The photo shows the KT&G Yeongdeungpo branch in Seoul on the afternoon of the 4th.7%, from 180,000 KRW) | Previous Day's Closing Price: 171,000 KRW - Investment Opinion: Buy (Maintain) Hana Securities raised its target price for KT&G to 210,000 KRW, stating that a clear trend of earnings growth is expected this year.S.self-propelled artillery modernization project in July and the momentum from exports of Long-Range Surface-to-Air Missiles (L-SAM) to the United Arab Emirates.※ Long-Range Surface-to-Air Missile (L-SAM) At an altitude of approximately 40–70 km It is a stationary defensive weapon of the Korean Missile Defense System (KAMD) that directly intercepts incoming enemy ballistic missiles and aircraft to neutralize them before they reach the ground.
Analyst Shim stated, "Considering the dividend yield, the short-term stock price is expected to trade within a range around the upper 190,000 won level," adding, "However, given the active shareholder return policy, a buying strategy from a mid-to-long-term perspective appears valid whenever the stock price corrects.
It is a core force that completes KAMD by filling the gap between the upper layer defended by THAAD and the lower layer defended by Patriot (PAC-3) and Cheongung-II.
1%, from 36,000 won) | Previous day's closing price: 26,500 won KB Securities raised its target price for Korean Air to 40,000 won, stating that the air cargo market is showing strong performance exceeding previous expectations.
4% from the previous estimate.
8%.Researcher Kang Sung-jin assessed, "The air cargo market, driven by the AI investment boom, is showing strong performance that surpasses even previous positive forecasts," adding, "Korean Air's operating profit this year is expected to be double the market estimate." Kang further analyzed, "While fuel unit costs are expected to drop rapidly due to falling international oil prices, cargo unit costs will rise due to increased demand for AI-related cargo and year-end cargo volumes.
The photo shows the KT&G Yeongdeungpo branch in Seoul on the afternoon of the 4th.
" He continued, "As global air cargo volume increases while capacity growth remains limited, strong freight rates are expected to persist.
The photo shows the KT&G Yeongdeungpo branch in Seoul on the afternoon of the 4th.7%, from 180,000 KRW) | Previous Day's Closing Price: 171,000 KRW - Investment Opinion: Buy (Maintain) Hana Securities raised its target price for KT&G to 210,000 KRW, stating that a clear trend of earnings growth is expected this year." [Zootopia] is an AI-based stock report briefing content that compiles and delivers reports from major domestic securities firms.Analyst Shim stated, "Considering the dividend yield, the short-term stock price is expected to trade within a range around the upper 190,000 won level," adding, "However, given the active shareholder return policy, a buying strategy from a mid-to-long-term perspective appears valid whenever the stock price corrects.
The photo shows the KT&G Yeongdeungpo branch in Seoul on the afternoon of the 4th.
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The photo shows the KT&G Yeongdeungpo branch in Seoul on the afternoon of the 4th.[email protected] Seong Min-seo Reporter