[EQUITIES] ‘Korean Air’s long-term vision to promote corporate value’
Feb 20, 2019
Korean Air ’s announcement of mid- to long-term vision will boost its corporate value, said Hanwha Investment and Securities on Feb. 20 maintaining a “buy” recommendation and 43,000 won (US$38.33) target price. When its credit rating has improved, interest rate of its loans will be lowered and result in over 100 billion won cost reduction. This will improve its return on equity by 2.5 percent f...