South Korea’s Stock Market Needs a Jump-Start. What It Will Take.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 11 2024
0mins
Source: MarketWatch
- South Korea's stock market reform: South Korea is aiming to replicate Japan's success in boosting its stock market through corporate governance reform.
- Challenges for South Korea: South Korea faces a tougher path compared to Japan in achieving stock market growth.
- Impact of legislative elections: The recent legislative elections in South Korea, where the opposition Democratic Party emerged victorious, may lead to political deadlock for President Yoon Suk Yeol.
- Potential obstacles: The election results could hinder progress on corporate governance reforms and other policy initiatives in South Korea.
- Implications for President Yoon Suk Yeol: President Yoon Suk Yeol may face challenges in implementing his agenda due to the political landscape following the elections.
Analyst Views on FHI
Wall Street analysts forecast FHI stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FHI is 53.75 USD with a low forecast of 51.00 USD and a high forecast of 56.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
1 Buy
3 Hold
0 Sell
Hold
Current: 54.690
Low
51.00
Averages
53.75
High
56.00
Current: 54.690
Low
51.00
Averages
53.75
High
56.00
About FHI
Federated Hermes, Inc. is an investment management company. The Company operates through a single segment, being the investment management business. It sponsors, markets, and provides investment-related services to various investment products, including sponsored investment companies and other funds (Federated Hermes Funds); and Separate Accounts, which include separately managed accounts (SMAs), institutional accounts, sub-advised funds and other managed products in both domestic and international markets. In addition, it markets and provides stewardship and real estate development services to various domestic and international companies. The Company provides investment advisory services to approximately 176 Federated Hermes Funds. It markets these funds to institutional customers and banks, broker/dealers and other financial intermediaries who use them to meet the needs of customers and/or clients, including, among others, retail investors, corporations, and retirement plans.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
