LS Corp stock rises 0.62 percent as targets are cut

Published on 09/22/2026 at 19:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LS Corp stock closed at KRW 324,500 on September 22, 2026, up 0.62 percent. SK Securities cut its target from KRW 630,000 to KRW 540,000.

LS Corp, KR7006260004, Illustration mit AI erstellt.

LS Corp (KR7006260004) closed at KRW 324,500 on the Korea Exchange on September 22, 2026, gaining KRW 2,000 or 0.62 percent from the previous close. The move came as a current analyst view balanced expectations for stronger power infrastructure earnings against a lower valuation benchmark.

Target falls to KRW 540,000

According to Buffett Lab on September 22, 2026, SK Securities kept its Buy rating on LS while cutting the price target from KRW 630,000 to KRW 540,000. The reduction reflected the lower share price of LS Electric, a major subsidiary, while the broker continued to expect earnings improvement in the second half of 2026.

The revised target remains KRW 215,500 above the September 22 closing price, a gap of approximately 66.4 percent. That comparison is an analyst assessment rather than a company forecast, and the lower target shows that the expected improvement is being weighed against valuation and subsidiary-price risk.

Power demand supports earnings case

SK Securities attributed its view to expanding demand for power infrastructure and LS's broader transmission portfolio, according to the September 22 report published by Buffett Lab. The report specifically described continued improvement at key subsidiaries during the second half of 2026, linking the earnings case to investment in electricity networks.

The operating backdrop also includes LS Electric's latest quarterly performance. A September 22 report by Joseilbo said LS Electric generated KRW 1.577 trillion in revenue and KRW 178.5 billion in operating profit in the second quarter of 2026. Revenue increased 32.2 percent year over year, while operating profit rose 64.4 percent, making both figures quarterly records for the subsidiary.

For LS Corp, the implication is clear: power-grid demand can lift the group through subsidiary earnings, but the investment case remains sensitive to the market value and execution of those businesses. The September 22 target reduction therefore creates a quantified counterweight to the positive operating comparison.

Stock closes at KRW 324,500

LS Corp stock finished at KRW 324,500 on September 22, 2026, on the Korea Exchange, up 0.62 percent on the session. The closing price was KRW 32,500 below the previous intraday reference of KRW 357,000 cited in the September 22 market coverage, while the current analyst target stands at KRW 540,000.