CJ CheilJedang was trading in slightly negative territory during the session on the 2nd.

On this day, Hana Securities maintained a 'Buy' investment rating and a target price of 370,000 won for CJ CheilJedang. This target price is approximately 107.9% higher than the previous day's closing price of 178,000 won on the 1st. However, this is merely the difference between the brokerage's suggested target price and the previous day's close, and does not guarantee an actual rise in the stock price.

In terms of earnings outlook, Hana Securities estimated CJ CheilJedang's third-quarter consolidated revenue at 7.2268 trillion won and operating profit at 345.8 billion won. Revenue is expected to decrease 2.9% and operating profit 0.2% year-on-year. Although both revenue and operating profit are forecast to fall below the levels of the same period last year, the decline in operating profit was analyzed to be smaller than the decline in revenue.

Attention is focused on how the actual earnings to be announced will compare with the brokerage's estimates.

[This article was written based on the provided securities firm analysis and stock price information and is not an investment recommendation. Target prices and earnings forecasts may change depending on market and company conditions. Investment decisions and responsibilities lie with the investor, and this article was written with the assistance of AI.]