[Special Stock] Dentium, Securities Firms Raise Target Price... Hits 52-Week High

Dentium, a dental medical equipment company, hit a 52-week high early in trading on the 20th.

As of 9:36 a.m. on that day, Dentium's stock price on the KOSPI market was trading at 159,400 KRW, up 4.18% from the previous trading day.

Early in the session, Dentium's stock price rose as much as 162,700 KRW, up 6.34% from the previous trading day, setting a new 52-week high.

On the same day, NH Investment & Securities, which published a stock report on Dentium, raised Dentium's target price from 150,000 KRW to 200,000 KRW.

Park Byung-guk, a researcher at NH Investment & Securities, said, "While the economy and the elderly population are growing, the actual penetration rate of implant treatments remains very low," adding, "Among emerging countries outside China, domestic companies have the highest market share, and when the market begins to grow in earnest, domestic companies will benefit from a first-mover advantage."

He continued, "Dentium's current stock price is undervalued," and stated, "A revaluation of the value of dental companies centered on Dentium is expected."