Sangsangin raises target for Pan Ocean stock to KRW 9,000

Published on 10/19/2026 at 04:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sangsangin set Pan Ocean's target at KRW 9,000. Pan Ocean stock's profit is forecast at KRW 197.4 billion, up 58.00 percent.

Target revision and earnings mix

Sangsangin Securities set a KRW 9,000 target for Pan Ocean on October 19, 2026.
Third-quarter operating profit is forecast at KRW 197.4 billion, up 58.00 percent year over year.
LNG and tanker operations generated KRW 168.7 billion in operating profit in the first half of 2026.
Pan Ocean's quarterly filing deadline is November 16, 2026.
Market capitalization stood at KRW 3.6 trillion as of October 19, 2026.

Pan Ocean, KR7028670008, Illustration mit AI erstellt.

Pan Ocean (KR7028670008) received a higher target from Sangsangin Securities on October 19, 2026, with the analyst house lifting its target from KRW 8,000 to KRW 9,000. Aju Press reported that the revision reflected stronger tanker rates and long-term very large crude carrier contracts.

Three earnings signals since October 1

On October 1, 2026, Asiae reported that NH Investment and Securities had raised its Pan Ocean target from KRW 7,700 to KRW 8,300.

On October 11, 2026, Pan Ocean's LNG and tanker businesses were reported to have generated combined operating profit of KRW 168.7 billion in the first half of 2026, equal to 50.4 percent of total operating profit. Financial News said tanker operating profit rose 97.8 percent year over year to KRW 71.8 billion.

On October 19, 2026, Sangsangin Securities forecast third-quarter revenue of KRW 1.9336 trillion and operating profit of KRW 197.4 billion, representing year-over-year increases of 52.00 percent and 58.00 percent.

What shifts Pan Ocean's earnings mix?

The figures point to a broader earnings base than dry bulk shipping alone. In the first half of 2026, bulk shipping generated KRW 139.4 billion of operating profit, below the combined LNG and tanker contribution of KRW 168.7 billion. The comparison matters because the tanker forecast also calls for revenue of KRW 133.0 billion, up 76.00 percent year over year, and operating profit of KRW 48.5 billion, up 139.00 percent, according to Aju Press.

When is the next filing due?

Pan Ocean's next dated reporting milestone is November 16, 2026, the filing deadline for the third-quarter report, according to Atsview.

Valuation and trading context

Pan Ocean's market capitalization was KRW 3.6 trillion as of October 19, 2026. Its 52-week range was KRW 3,600.00 to KRW 7,830.00, while the stock was quoted on the KOSPI under ticker 028670.