Hana cuts target to KRW 170,000 for BGF Retail stock

Published on 10/20/2026 at 00:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter operating profit is forecast at KRW 106.0 billion, up 9.00 percent year over year. BGF Retail stock has a November 16, 2026 filing date.

Broker targets and earnings profile

On October 19, 2026, Hana Securities set a KRW 170,000 target after KRW 180,000.
Second-quarter revenue reached KRW 2.43 trillion, up 6.00 percent year over year.
BGF Retail's market capitalization was KRW 2.3 trillion as of October 19, 2026.

BGF Retail, KR7282330000, Illustration mit AI erstellt.

BGF Retail (ISIN KR7282330000) faces a third-quarter operating-profit forecast of KRW 106.0 billion, up 9.00 percent year over year, according to Newspim on October 19, 2026. Hana Securities cut its target for BGF Retail from KRW 180,000 to KRW 170,000. The forecast points to improving profitability despite a softer comparison base for convenience-store sales.

Three target milestones since October 1

On October 1, 2026, NH Investment and Securities kept a KRW 180,000 target and projected third-quarter revenue of KRW 2.5188 trillion, up 2.30 percent year over year, with operating profit of KRW 101.5 billion, up 4.00 percent, according to Edaily.

On October 13, 2026, Kiwoom Securities also set a KRW 170,000 target, while on October 19, 2026, Hana Securities reduced its target from KRW 180,000 to KRW 170,000, as Newspim reported.

What does the target cut mean?

The change reflects a cautious view on near-term same-store sales rather than a downgrade of the longer-term earnings trend. Hana expects third-quarter operating profit of KRW 106.0 billion against market expectations of KRW 108.5 billion, while lower depreciation costs, a better product mix and store closures are expected to support profitability. Hana also expects 1,300 openings and net store growth of 250 locations in 2026, according to Newspim.

Upcoming reporting schedule

BGF Retail's second-quarter revenue was KRW 2.43 trillion, up 6.00 percent year over year, while operating profit reached KRW 84.9 billion, according to ATSView. The next dated corporate milestone listed for the company is November 16, 2026, the filing deadline for the quarter ending September 2026.

Market value and Korean listing

BGF Retail's market capitalization was KRW 2.3 trillion as of October 19, 2026. The stock was last at KRW 135,700 on KOSPI on October 19, 2026 at 3:30 p.m. KST, while its 52-week range was KRW 101,200 to KRW 156,600.