[Featured Stock] Samsung Heavy Industries Hits 52-Week High Amid Positive Securities Analyst Reviews

Amid the overall boom in shipbuilding stocks driven by expectations of benefits from the Trump administration, Samsung Heavy Industries hit a 52-week high on the 15th.

As of 10:02 AM on the same day, Samsung Heavy Industries was trading at 12,830 KRW on the KOSPI market, up 980 KRW (8.27%) from the previous close.

The stock opened at 11,920 KRW and surged during the session, reaching a new 52-week high of 12,970 KRW.

In a report on the 15th, SK Securities forecasted that global LNG investment and production momentum, including in the North American region, would expand following the inauguration of the second Trump administration, raising the target price for Samsung Heavy Industries from 142,000 KRW to 160,000 KRW.

Han Seung-han, a researcher at SK Securities, stated, "The company's differentiation, with the world's best track record and technology in building FLNG (Floating Liquefied Natural Gas production facilities), will become even more prominent this year."

He also explained, "The Evergreen container ship series ordered in 2021 is scheduled to be delivered by the second quarter of this year. Subsequently, the decrease in sales from the reduced volume in the commercial ship sector will be offset by the increased proportion of LNGC construction. Additionally, starting from the second half of this year, the Cedar FLNG will enter the S/C process, enabling simultaneous construction of two offshore FLNG units to fill the gap."