Korean defense and aerospace · broker research in English
Korean defense and aerospace stocks: analyst target prices and ratings
9 companies with research · 33 reports · 2026-06-29 to 2026-10-26 · close prices of 2026-10-23
Research on Korean defense and aerospace companies is mostly published in Korean. We collect it and summarise it here in English: each firm's latest target price, the range and median across firms, and the gap to the latest close. Each name links to its own page with the report-by-report list. A sample of broker research, not advice.
Target prices, company by company
Ordered by how many firms stated a target, then by reports — depth of coverage, not a ranking. Swipe the table sideways for dates, close and gap.
| Company | Ticker | Median target | Latest targets (range) | Firms with a target | Reports | Firms | Targets dated | Latest report | Close | Median target vs close |
|---|---|---|---|---|---|---|---|---|---|---|
| Hyundai Rotem* | 064350 | KRW 170,000 | KRW 150,000 – KRW 226,000 | 8 | 12 | 8 | 2026-10-06 to 2026-10-20 | KRW 82,700 (2026-10-23) | +105.6% | |
| LIG Defense&Aerospace Co., Ltd. | 079550 | KRW 975,000 | KRW 830,000 – KRW 1,120,000 | 4 | 6 | 5 | 2026-09-30 to 2026-10-22 | KRW 475,500 (2026-10-23) | +105.0% | |
| Korea Aerospace Industries | 047810 | KRW 186,000 | KRW 182,000 – KRW 186,000 | 3 | 4 | 3 | 2026-10-01 to 2026-10-12 | KRW 102,200 (2026-10-23) | +82.0% | |
| Hanwha Aerospace | 012450 | KRW 1,600,000 | KRW 1,550,000 – KRW 1,650,000 | 2 | 5 | 3 | 2026-10-01 to 2026-10-20 | KRW 792,000 (2026-10-23) | +102.0% | |
| Hanwha Systems* | 272210 | KRW 117,000 | KRW 98,000 – KRW 136,000 | 2 | 2 | 2 | 2026-10-06 to 2026-10-19 | KRW 66,300 (2026-10-23) | +76.5% | |
| INNOSPACE Co., Ltd. | 462350 | No target stated | — | 0 | 1 | 1 | — | KRW 4,950 (2026-10-23) | Not measured | |
| Nara Space Technology Inc. | 478340 | No target stated | — | 0 | 1 | 1 | — | KRW 10,000 (2026-10-23) | Not measured | |
| SAMYANG COMTECH CO., LTD. | 484590 | No target stated | — | 0 | 1 | 1 | — | KRW 5,960 (2026-10-23) | Not measured | |
| Vitzro Nextech Co., LTD | 488900 | No target stated | — | 0 | 1 | 1 | — | KRW 8,410 (2026-10-23) | Not measured |
For each firm we take only its most recent stated target, so a firm that wrote five times counts once. "Targets dated" gives the oldest and newest of those latest targets — a target written weeks ago can sit next to a recent close, and the gap below mixes both dates.
"Median target vs close" is the median of the firms' latest targets divided by the close on 2026-10-23, minus one. It is shown only when both numbers exist. It is a gap between what brokers wrote and what the market paid on one day — not an expected return. When only one firm stated a target, the "median" is that single firm's figure. "No target stated" means none of the reports in our sample carried a target price; it is not a zero. 5 of 9 companies have at least one stated target.
This is a record of what brokers published, not investment advice. It is a sample — the reports our collection picked up between 2026-06-29 and 2026-10-26, not every report written — and the range and median describe that sample, not a market consensus. These are statistics, not a verdict on any stock.
What counts as "defense and aerospace" here
A company is included when the industry code on its record in the Korean regulator's company register (DART) starts with 252 — manufacture of weapons and ammunition — or 313, manufacture of aircraft and spacecraft and of their engines and parts. The codes are the Korean Standard Industrial Classification (KSIC); the English names are our rendering of them.
Two companies are added by name: Hanwha Systems (272210, marked *). Filed under KSIC 26299 (other electronic components), but its business report filed with DART in March 2025 gives its defense segment KRW 2,098.8bn of KRW 2,803.7bn total 2024 revenue (74.9%). Hyundai Rotem (064350, marked *). Filed under KSIC 31910 (railway equipment), but its business report filed with DART in March 2025 reports defense as one of its three operating segments, alongside rail and plant.
By this rule plus those two additions, 17 listed companies qualify. 9 of them have at least one report in our sample and are in the table above; the other 8 are listed below.
The rule misses companies with a defense business that file under another code because something else is their larger line. Examples with research in our sample whose filings report defense products, left out of the table: Poongsan (non-ferrous metals, KSIC 242), Hanwha (explosives, KSIC 20494), SNT Motiv (motor vehicle parts, KSIC 303). We keep to the filed code rather than choosing companies by hand, so the list can be checked.
Matched the rule, no broker report in our sample
8 companies. No report in our sample is not the same as no research being written — it means our collection did not pick one up between 2026-06-29 and 2026-10-26.
- AeroSpace Technology of Korea, Inc. 067390
- Earth & Aerospace Manufacturing Ind. Co. Ltd 263540
- FIRSTEC CO.,LTD. 010820
- HIZEAERO Co.,Ltd. 221840
- Kencoa Aerospace Corporation 274090
- KP Aero Industries Co., Ltd. 288180
- Lumir Inc. 474170
- SatrecInitiativeCo.,Ltd. 099320
Target prices in other Korean sectors
Same method on every page: a filed industry code, named exceptions with reasons, and what the rule misses.