Shinhan raises Lotte Wellfood stock target to KRW 170,000

Published on 10/20/2026 at 00:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

For Lotte Wellfood stock, Q2 revenue reached KRW 1.16 trillion, up 8.60 percent year on year. The next results date is November 6, 2026.

Targets and earnings calendar

Shinhan Investment Securities set a KRW 170,000 target on October 19, 2026.
Second-quarter revenue rose 8.60 percent to KRW 1.16 trillion in 2026.
Lotte Wellfood is scheduled to report third-quarter results on November 6, 2026.

Lotte Wellfood, KR7280360009, Illustration mit AI erstellt.

Lotte Wellfood (ISIN KR7280360009) received a higher target of KRW 170,000 from Shinhan Investment Securities on October 19, 2026, up from KRW 160,000. Newspim reported that the analyst kept a Buy rating while pointing to improving cost conditions and overseas growth.

Three recent company milestones

On September 21, 2026, Hanwha Securities raised its target for Lotte Wellfood from KRW 170,000 to KRW 200,000, citing expansion in India and recovery in Kazakhstan, according to Yonhap News. On September 30, 2026, Lotte Wellfood secured Global HACCP certification for seven South Korean plants, ChosunBiz reported.

The latest target action came on October 19, 2026. Shinhan Investment Securities lifted its target by 6.25 percent from KRW 160,000 to KRW 170,000, while its third-quarter forecast called for revenue of KRW 1.20 trillion and operating profit of KRW 86.70 billion, up 3.40 percent and 25.20 percent year on year, respectively, according to Newspim.

What does the target change mean?

The target increase rests on a more favorable cost picture and stronger international operations. Shinhan highlighted lower cocoa prices, a recovery in Kazakhstan and renewed growth in India. The target is also close to the six-month analyst average of KRW 171,786 cited in the same report.

Lotte Wellfood's second-quarter numbers provide the latest reported operating base. Revenue rose 8.60 percent year on year to KRW 1.16 trillion, while operating profit increased 88.50 percent to KRW 64.70 billion. First-half revenue reached KRW 2.18 trillion, up 7.00 percent, and operating profit rose 98.10 percent to KRW 100.50 billion, according to Quartr.

November results set the next test

The next scheduled checkpoint is the third-quarter report on November 6, 2026, according to Quartr. Investors will be able to compare the expected KRW 86.70 billion operating profit with the KRW 64.70 billion achieved in the second quarter. The key issue is whether cocoa relief and overseas expansion can translate into a sustained margin improvement.