Lotte Shopping stock: Eugene cuts target for Lotte Shopping stock to KRW 130,000
Published on 10/24/2026 at 02:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget changes and operating figures
- Eugene Investment & Securities cut its target from KRW 170,000 to KRW 130,000 on October 20, 2026.
- Third-quarter 2026 sales are forecast at KRW 3.57 trillion and operating profit at KRW 171.40 billion.
- Lotte Shopping stock closed at KRW 83,600 on the Korea Exchange on October 23, 2026.
Lotte Shopping (ISIN KR7023530009) faces a lower KRW 130,000 target after Eugene Investment & Securities cut its previous KRW 170,000 target in a report dated October 20, 2026, as Newspim reported. The same report forecasts third-quarter 2026 sales of KRW 3.57 trillion, up 4.60 percent year over year, and operating profit of KRW 171.40 billion, up 31.30 percent.
Three target changes shape the story
The recent sequence shows a wider valuation reset. On October 13, 2026, Lotte Shopping announced shareholder coupons worth 10.00 to 20.00 percent, according to Seoul Economic Daily.
On October 19, 2026, Hana Securities lowered its target from KRW 140,000 to KRW 120,000 while estimating third-quarter revenue of KRW 3.61 trillion and operating profit of KRW 172.00 billion, Nate News reported. Eugene then set its target at KRW 130,000, below its earlier KRW 170,000 level.
What does the forecast mean?
The forecast points to improving operations but softer valuation assumptions. Eugene said its KRW 130,000 target used a forward earnings multiple of 9.40, down from the previous framework, while department-store sales were projected at KRW 813.70 billion, up 6.40 percent year over year, according to Newspim.
That view contrasts with Lotte Shopping revenue of KRW 3.49 trillion in the second quarter of 2026 and a net loss of KRW 2.85 billion for the period, figures listed by Yahoo Finance. The forecast therefore depends on higher retail sales translating into stronger operating profit.
Dates for shareholders and results
Lotte Shopping is scheduled to hold an extraordinary shareholders meeting on October 29, 2026, including a vote concerning an independent director and audit committee duties, according to TipRanks. Yahoo Finance lists November 6, 2026 as the next earnings date.
Stock valuation stays wide
Lotte Shopping closed at KRW 83,600 on the Korea Exchange on October 23, 2026 at 3:30 p.m. KST. Its market capitalization was KRW 2.4 trillion, while the 52-week range stood at KRW 62,700 to KRW 211,000 on the same date.
Lotte Shopping market facts
- Company: Lotte Shopping Co., Ltd.
- ISIN: KR7023530009
- Ticker: 023530
- Primary exchange: Korea Exchange, KOSPI
- Market capitalization: KRW 2.4 trillion (as of October 23, 2026)
- 52-week range: KRW 62,700.00-211,000.00 (as of October 23, 2026)
- Sector / Industry: Consumer Cyclical / Department Stores
- Next earnings date: November 6, 2026
Market context: Market report KOSPI.
