Korean shipbuilders · broker research in English
Korean shipbuilding stocks: analyst target prices and ratings
6 companies with research · 24 reports · 2026-06-29 to 2026-10-26 · close prices of 2026-10-23
Research on Korean shipbuilders 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Samsung Heavy Industries | 010140 | KRW 35,000 | KRW 33,000 – KRW 42,000 | 5 | 6 | 5 | 2026-09-29 to 2026-10-19 | KRW 16,830 (2026-10-23) | +108.0% | |
| HD Hyundai Heavy Industries | 329180 | KRW 806,000 | KRW 720,000 – KRW 840,000 | 5 | 6 | 5 | 2026-09-23 to 2026-10-19 | KRW 305,000 (2026-10-23) | +164.3% | |
| Hanwha Ocean | 042660 | KRW 119,500 | KRW 110,000 – KRW 128,000 | 4 | 5 | 4 | 2026-09-29 to 2026-10-19 | KRW 55,300 (2026-10-23) | +116.1% | |
| HD Korea Shipbuilding & Offshore Engineering* | 009540 | KRW 530,000 | KRW 470,000 – KRW 532,000 | 3 | 4 | 3 | 2026-08-25 to 2026-10-19 | KRW 248,000 (2026-10-23) | +113.7% | |
| DAEHAN SHIPBUILDING Co., Ltd. | 439260 | KRW 75,000 | One firm | 1 | 2 | 1 | 2026-09-29 | KRW 37,050 (2026-10-23) | +102.4% | |
| Sejin Heavy Industries | 075580 | KRW 18,500 | One firm | 1 | 1 | 1 | 2026-09-01 | KRW 7,480 (2026-10-23) | +147.3% |
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. 6 of 6 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 "shipbuilding" here
A company is included when the industry code on its record in the Korean regulator's company register (DART) starts with 311 — building of ships and boats, which covers ships, floating structures and ship sections. The codes are the Korean Standard Industrial Classification (KSIC); the English names are our rendering of them.
One company is added by name: HD Korea Shipbuilding & Offshore Engineering (009540, marked *). Filed under KSIC 64992 (holding companies), but its business report filed with DART in March 2025 puts the shipbuilding segment at 82.0% of its 2024 revenue.
By this rule plus that one addition, 19 listed companies qualify. 6 of them have at least one report in our sample and are in the table above; the other 13 are listed below.
The rule misses companies that build engines, equipment or materials for ships but file under another code. Examples with research in our sample whose filings name shipbuilders or ships as their market, left out of the table: Hanwha Engine (internal combustion engines, KSIC 29111), HD-Hyundai Marine Engine Co., Ltd. (other engines and turbines, KSIC 29119), HD Hyundai Marine Solution (engineering services, KSIC 7212), Dongsung Finetec (basic chemicals, KSIC 201). 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
13 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.
- CAPE INDUSTRIES LTD. 064820
- DaesunSipbuilding&Engineering 031990
- DAEYANG ELECTRIC CO.,LTD 108380
- Dongbang Ship Machinery Co., Ltd 099410
- HANLA IMS Co., LTD 092460
- HD HYUNDAI MIPO CO.,LTD. 010620
- HYUNDAI HYMS CO., LTD. 460930
- IL SEUNG Co., LTD 333430
- Inhwa Precision Co., Ltd. 101930
- K Shipbuilding Co., Ltd. 067250
- MEDICOX Co., Ltd. 054180
- STACO LINK Co.,Ltd. 060240
- TRES Co., Ltd. 102210
Target prices in other Korean sectors
Same method on every page: a filed industry code, named exceptions with reasons, and what the rule misses.