Com2uS, Anticipation for New Release... Target Price Raised

[Asia Economy Reporter Park Jihwan] NH Investment & Securities announced on the 24th that Com2uS has entered a period of rising expectations for the release of three new titles, and raised its target stock price from 105,000 KRW to 125,000 KRW.

NH Investment & Securities expects Com2uS's sales in the fourth quarter of last year to be 122.3 billion KRW, a 1.2% decrease compared to the same period last year. Operating profit is expected to decline by 2.7% to 31.9 billion KRW.

Researcher Ahn Jaemin of NH Investment & Securities explained, "The release of the three long-awaited new titles is gradually approaching, and expectations are entering a phase of gradual increase."

He added, "However, considering the possibility of game release delays that the company has shown over the past few years, we have maintained our investment opinion due to the uncertainty in the release schedule."

Researcher Ahn also explained, "Com2uS plans to release 'Heroes War 2' in the first quarter of this year, 'Summoners War: Hundred Years' War' in the first half, and 'Summoners War MMO' in the second half."