What does the future hold for the Daewoo Engineering & Construction Co share price?
The Daewoo Engineering & Construction Co (KRX:47040) share price has risen by 5.48% over the past month and it’s currently trading at 3830. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Daewoo Engineering & Construction Co currently has:
- 6 Buy recommendations
- 4 Hold recommendations
- 1 Sell recommendations
This suggests that analysts are generally positive about the outlook.
At its current price of 3830, shares in Daewoo Engineering & Construction Co are trading at a discount of -28.8% to its 52 week high price. The 1-year performance of the shares has been -24.2%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Daewoo Engineering & Construction Co it's worth doing some investigation yourself.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Daewoo Engineering & Construction Co it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Daewoo Engineering & Construction Co that you can find out about here.
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