Hana Securities cuts target to KRW 60,000 for Lotte Chemical stock

Published on 10/20/2026 at 00:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 operating loss is forecast at KRW 223.4 billion versus KRW 163.2 billion consensus. Lotte Chemical stock faces a KRW 60,000 target after KRW 80,000.

Earnings and analyst signals

Hana Securities cut its Lotte Chemical target to KRW 60,000 on October 19, 2026.
A third-quarter operating loss of KRW 223.4 billion is forecast against KRW 163.2 billion consensus.
Second-quarter revenue reached KRW 5.69 trillion and operating profit was KRW 110.1 billion.

Lotte Chemical, KR7011170008, Illustration mit AI erstellt.

Lotte Chemical (KR7011170008) faces a target cut to KRW 60,000 from KRW 80,000 by Hana Securities, according to MoneyToday on October 19, 2026. The brokerage also lowered its rating from Buy to Neutral as it reduced its 2027 operating-profit estimate.

The immediate pressure is the third quarter. Hana Securities expects an operating loss of KRW 223.4 billion, compared with consensus for a KRW 163.2 billion loss, citing weaker oil prices, selling prices and foreign-exchange effects, MoneyToday reported.

Three milestones since August

On August 4, 2026, Lotte Chemical listed its second-quarter earnings announcement and investor-relations event on its corporate website, Lotte Chemical shows. The second quarter produced revenue of KRW 5.69 trillion, up 35.5 percent from a year earlier, and operating profit of KRW 110.1 billion, according to ATS View.

On September 21, 2026, the company announced a seagrass-restoration project with Korea National Park Service that included planting 20,000 seagrass plants, ATS View reported. The October 19 target reduction is the latest dated event in the reviewed sequence.

What does the target cut mean?

The new KRW 60,000 target is 25.00 percent below Hana Securities' previous KRW 80,000 target, while the forecast third-quarter loss is KRW 60.2 billion worse than the KRW 163.2 billion consensus loss. The estimate frames the second-quarter return to operating profit as fragile rather than established, with the brokerage pointing to petrochemical pricing and currency pressure.

KOSPI listing keeps the risk visible

Lotte Chemical is listed on the Korea Exchange KOSPI market under ticker 011170. Its business spans polymers, monomers, basic petrochemicals and specialty materials, while the second-quarter figures show both the scale of the group and the narrow KRW 110.1 billion operating profit relative to KRW 5.69 trillion in revenue.