As of 10:30 AM on the 7th, Korea Aerospace is trading at 28,700 KRW, down 0.17% from the previous day. The trading volume is 395,670 shares, which is 13.43% of the previous day's volume. Korea Aerospace is known as the only aerospace company in South Korea.


On January 5th, researchers Dongheon Lee and Taehwan Lee from Daishin Securities reported, "Recently secured orders include 717.7 billion KRW for A350 wing ribs and 142.9 billion KRW for G280 fuselage structures. The 4th batch mass production contract for Surion is worth 1 trillion KRW, and the Surion PBL order is expected to be 110 billion KRW. The total new orders for 2020 reached 3.9 trillion KRW, approaching the annual target of 4.2 trillion KRW. Due to COVID-19, exports of complete aircraft have been delayed because of reduced budgets in emerging countries, and deliveries of airframe parts have decreased due to reduced passenger demand. However, the stability of domestic business is maintained, and expectations for COVID-19 vaccines and the restructuring of domestic MRO business suggest that mid- to long-term recovery and growth potential are being priced in." They set the target price for Korea Aerospace at 30,000 KRW.


Over the past five days, individual investors have net sold 702,958 shares of Korea Aerospace, while foreigners and institutions have net bought 480,080 shares and 233,541 shares, respectively.



※Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.


This content was produced with the assistance of AI translation services.

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