[Featured Stock] Samsung Card with 'Improving Soundness' Up 4.05%

The stock price of Samsung Card, which is drawing attention for its improving soundness, rose on the 29th.

As of 10:58 a.m. on that day, Samsung Card was trading at 41,100 won, up 1,600 won (4.05%) from the previous trading day.

On the same day, NH Investment & Securities maintained a buy rating and a target price of 54,000 won for Samsung Card, stating that it is a financial stock with upward momentum, combining expectations for earnings improvement and value-up programs.

Yoon Yudong, a researcher at NH Investment & Securities, said, "Net profit for the second quarter of this year is expected to be 184.9 billion won, a 27.4% increase compared to the same period last year, exceeding market expectations," adding, "Soundness has improved compared to both the same period last year and the previous quarter. This is thanks to limiting the inflow of new delinquencies through customer limit management."