[Market Focus] Premium Demand and Aerospace Expectations... Korean Air Rises Over 5%

Korean Air's stock price is on the rise as the company secures long-term growth drivers amid strong premium demand.

As of 10:07 a.m. on July 14, Korean Air was trading at 26,150 won, up 1,300 won (5.23%) from the previous trading day.

On this day, Mirae Asset Securities, NH Investment & Securities, and Shinyoung Securities all issued buy recommendation reports on Korean Air. The target prices for Korean Air were maintained at 30,000 won by Mirae Asset Securities, 31,000 won by Shinyoung Securities, and 33,000 won by NH Investment & Securities, respectively.

Ryu Jehyeon, a researcher at Mirae Asset Securities, stated, "Although most routes underperformed, Korean Air was able to defend its unit price thanks to strong premium demand and solid performance on short-haul routes." He added, "Excluding one-off costs, the company has effectively shown profit growth, and the momentum from a stronger won is also expected to accelerate."

He continued, "Despite the recent increase in the stock price, the long-term synergy with Asiana Airlines and the potential for improved performance in the aerospace business segment have not been fully reflected." He recommended, "Considering the company's expanding market position, we advise maintaining a consistent buy strategy."

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