Securities Firms Raise Hanwha Ocean Target Price to 170,000 Won Level Amid Expectations of Shipbuilding and Defense 'Supercycle'
Expectations for Hanwha Ocean within the securities industry are rising further, driven by the shipbuilding supercycle and growth prospects in the defense busin

Expectations for Hanwha Ocean within the securities industry are rising further, driven by the shipbuilding supercycle and growth prospects in the defense business. The average target price is approaching the 170,000 won level, continuing an upward adjustment trend.
According to the financial investment industry on the 18th, iM Securities maintained its "buy" recommendation for Hanwha Ocean and presented a target price of 167,000 won. This is similar to the average target price (169,850 won) presented by major domestic securities firms over the past six months, showing little difference from the overall market assessment.
What stands out is that the securities industry's expectations have clearly risen compared to the past. The average target price over the recent six months represents an approximately 11% increase from the previous six-month average (152,684 won). This is interpreted as the result of expectations for industry improvement and profitability enhancement being reflected in target prices.
The industry cites positive factors for Hanwha Ocean, including increased global ship orders, expanding demand for eco-friendly vessels, and growth potential in the defense business. In particular, the company is evaluated as securing stable profitability in the commercial vessel segment while also accelerating the expansion of its special vessel business.
Future medium- to long-term growth drivers include the domestic nuclear-powered submarine project, opportunities for submarine exports overseas, and strengthened cooperation with the United States in shipbuilding and defense. Some securities firms highlight the Canadian submarine project and the expansion of the global defense market as key investment points, drawing attention to the company's growth potential.
The market believes that if new defense orders are added while the commercial vessel segment continues to improve its performance, there is potential for a revaluation of the company's worth. A business portfolio spanning both shipbuilding and defense is expected to significantly enhance Hanwha Ocean's competitiveness. Going forward, major order achievements and the trend of earnings improvement are cited as key variables that will determine further stock price gains.
[This article was partially written with the assistance of AI. This article was written with the help of AI based on market analysis data and public information, and is not intended to solicit investment. The responsibility for investment lies with the investor.]
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