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Posted by Sophie-Ha Monday, February 28, 2022

Investment researcher says BLACKPINK will make a comeback after the summer

AKP STAFF

YG Entertainment's stock price is expected to rise.

This is because it is expected that all the artists under the agency will resume their activities and achieve good results. On the 28th, Shinhan Investment Researcher Ji In Hae newly proposed a target price of 89,000 KRW (74 USD) for YG Entertainment and a buy investment opinion.

On the 25th, the previous trading day, the stock price of YG Entertainment closed at 64,800 KRW (54 USD).

Researcher Ji predicted, “YG Entertainment will continue to achieve high earnings growth with the full operation of all its stars.”


Big Bang
 will be resuming its activities and is still evaluated as a significant flagship group in terms of YG Entertainment's contribution to sales. Researcher Ji explained, "we are looking forward to Japan-centered activities that can exert the greatest influence compared to Korea."  Additionally, the researcher said the global girl group BLACKPINK will also make a comeback after this summer.

BLACKPINK was originally scheduled to make a comeback in the fourth quarter of last year, but their comeback was delayed until the girl group would be able to do a global tour.

Not only are Big Bang and BLACKPINK making comebacks, but the six-member boy group iKON will also start their activities in the second quarter of this year.

The boy group TREASURE will also be conducting a hybrid performance that combines offline and online starting April and is preparing to make another comeback in the second half of the year.

YG Entertainment also has plans to introduce a new girl group this year.

YG Entertainment is expected to generate revenue of 491.5 billion KRW (408 million USD) and an operating profit of 70.7 billion KRW (58.8 million USD) on a consolidated basis in 2022. Compared to 2021, sales increased by 38.2% and operating profit by 39.9%, respectively.

  1. Big Bang
  2. BLACKPINK
53 15,815 Share 76% Upvoted
 
delta_yu
delta_yu1,807 pts Monday, February 28, 2022 1
Monday, February 28, 2022

Lmao this article would still be accurate if they made a comeback in 2023.

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Vilaira
Vilaira104 pts Monday, February 28, 2022 0
Monday, February 28, 2022

"after the summer" so like, end of the year?

22 (+26 / -4)
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