Eugene sets KRW 490,000 target for Shinsegae stock

Published on 10/25/2026 at 02:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Korea Investment cut its target from KRW 750,000 to KRW 530,000 on October 16, 2026. Shinsegae stock last stood at KRW 255,000 on October 23, 2026.

Targets and operating results

Eugene Investment & Securities set a KRW 490,000 target on October 19, 2026.
Shinsegae reported KRW 1.8 trillion in revenue and KRW 167.1 billion in operating profit for the second quarter of 2026.
Shinsegae had a KRW 2.2 trillion market capitalization as of October 23, 2026.

Shinsegae, KR7004170007, Illustration mit AI erstellt.

Shinsegae (KR7004170007) became the subject of a KRW 490,000 price target from Eugene Investment & Securities on October 19, 2026, as reported by MarketScreener. The update keeps valuation in view after a series of lower earnings expectations for the department-store and duty-free businesses.

Three target revisions shape the story

On August 14, 2026, Shinsegae reported second-quarter consolidated revenue of KRW 1.8 trillion and operating profit of KRW 167.1 billion, with revenue up 5.1 percent year over year, according to ChickenStock.

On October 16, 2026, Korea Investment & Securities cut its Shinsegae target from KRW 750,000 to KRW 530,000 while keeping its Buy rating, Asiae reported. The brokerage cited weaker earnings estimates and a valuation adjustment linked to the stronger won.

On October 19, 2026, Eugene Investment & Securities set a KRW 490,000 target, the latest dated analyst action in the company coverage reviewed by MarketScreener.

What does the target gap show?

Shinsegae was last at KRW 255,000 on KRX on October 23, 2026 at 3:30 p.m. KST. The KRW 490,000 target is 92.16 percent above that price, while MarketScreener listed an average target of KRW 615,315.79 from 19 analysts.

The earnings backdrop is mixed in composition. Second-quarter revenue increased 5.1 percent year over year, but Korea Investment & Securities projected third-quarter revenue of KRW 1.7896 trillion and operating profit of KRW 176.1 billion on October 16, 2026, according to Asiae. Duty-free operating profit was projected at KRW 26.8 billion, down 19.6 percent from the second quarter, highlighting the pressure from currency-sensitive foreign demand.

Market value sets the reference point

Shinsegae had a market capitalization of KRW 2.2 trillion as of October 23, 2026, with a 52-week range of KRW 170,200 to KRW 792,000. The combination of a KRW 490,000 analyst target and projected third-quarter operating profit of KRW 176.1 billion leaves earnings delivery and currency effects as the main valuation tests.