Hana Securities Says Buy South Korea's SK Telecom With 3-Month View; Year-End Target of ₩140,000
Hana Securities recommended buying SK Telecom (017670.KS) with a 12-month target of ₩140,000. The brokerage expects Q3 earnings to meet expectations and sees catalysts like Anthropic's IPO and AI investments driving the stock higher. SK Telecom closed at ₩86,200 previously. The analyst cited full-year operating profit estimates of ₩2 trillion and dividend growth as reasons for the Buy rating.
How this was made
The 30-second read
Why it matters
The analyst's target of ₩140,000 suggests a substantial upside from the current price around ₩86,200, likely prompting buying activity.
Market read
A fresh analyst upgrade with a high price target can drive short‑term buying pressure on SK Telecom and influence sentiment in the Korean telecom sector.
What to watch
Potential regulatory or competitive pressures in the AI data‑center space.
Background
The article reports Hana Securities' new Buy recommendation for SK Telecom, highlighting expected earnings, dividend growth, and AI data‑center investments.
Market effects
Positive outlook for South Korean telecom and AI‑related infrastructure sectors.
May boost sentiment toward broader Korean equities, especially telecom peers.
Limited to investors focused on Asian telecom and AI data‑center exposure.
Counterpoint
Some investors may view the target as overly optimistic given valuation risks.
Key entities
- companySK Telecom
South Korean telecommunications provider (017670.KS).
- research_firmHana Securities
Brokerage issuing the Buy rating and target price.
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