Kyobo keeps 176,000 won target for BGF Retail stock

Published on 10/14/2026 at 05:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue is forecast at KRW 2.5323 trillion, up 2.80 percent year over year. For BGF Retail stock, profit is seen at KRW 102.9 billion.

Analyst forecasts and filing date

Kyobo Securities kept a KRW 176,000 target and Buy rating on October 12, 2026.
Third-quarter revenue is forecast at KRW 2.5323 trillion, up 2.80 percent year over year.
BGF Retail is scheduled to file its third-quarter report by November 16, 2026.

BGF Retail, KR7282330000, Illustration mit AI erstellt.

BGF Retail (KR7282330000) stock was trading at KRW 128,000 on the KRX at 12:00 p.m. KST on October 14, 2026, while Maeil Business Newspaper reported on October 12 that Kyobo Securities kept its Buy rating and KRW 176,000 target. The report put third-quarter revenue at KRW 2.5323 trillion and operating profit at KRW 102.9 billion.

Three dated forecasts point higher

On September 17, Korea Investment and Securities kept a Buy rating and KRW 185,000 target, forecasting third-quarter revenue of KRW 2.5226 trillion, up 2.50 percent year over year, and operating profit of KRW 107.5 billion, up 10.10 percent. Financial News reported that the expected operating margin was 4.30 percent.

On October 1, NH Investment and Securities maintained a Buy rating and KRW 180,000 target. Its forecast called for third-quarter revenue of KRW 2.5188 trillion, up 2.30 percent, and operating profit of KRW 101.5 billion, up 4.00 percent year over year, according to Newspim.

The latest Kyobo estimate is more cautious on profit than the KRW 108.5 billion market expectation cited in the October 12 report, a difference of KRW 5.6 billion. Revenue is still forecast to rise 2.80 percent year over year, showing that the central debate is margin conversion rather than top-line expansion.

What does the forecast imply?

BGF Retail's most recent reported quarter was the second quarter of 2026. Revenue reached KRW 2.43 trillion, up 6.00 percent year over year, while operating profit was KRW 84.9 billion, according to ATS View. The forecast range for the third quarter therefore points to operating profit of KRW 101.5 billion to KRW 108.5 billion, above the second-quarter figure by KRW 16.6 billion to KRW 23.6 billion.

The next filing date is November 16

ATS View lists November 16, 2026, as the filing deadline for BGF Retail's report covering the September 2026 period. That date gives investors a defined checkpoint for comparing the competing operating-profit forecasts.

KRW 128,000 on the KRX

BGF Retail was trading at KRW 128,000 on the KRX at 12:00 p.m. KST on October 14, 2026. The 52-week range was KRW 101,200 to KRW 156,600, while market capitalization stood at KRW 2.2 trillion on the same date. The company operates CU convenience stores and related food and franchise businesses in South Korea.