LG Electronics, 'Realization of Delayed Demand' Stock Price at 68,300 Won (-2.57%)

As of 2:31 PM on the 11th, LG Electronics is trading at 68,300 KRW, down 2.57% from the previous day. The trading volume is 1,428,695 shares, which is 52.43% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On June 9th, Kiwoom Securities researcher Kim Ji-san stated, "The stock market seems to already reflect the post-COVID-19 era. Considering deferred demand in the second half of the year, LG Electronics' performance improvement will be significant, and it remains an attractive valuation range. In home appliances, competitiveness is further strengthening around health appliances and premium products as the pandemic phase passes. TV market demand, mainly in North America, is recovering faster than expected, and smartphones are refocusing on cost-effective 5G models." He set LG Electronics' target price at 90,000 KRW.

Over the past five days, individual investors have net sold 1,395,742 shares of LG Electronics, while foreigners and institutions have net bought 323,081 shares and 1,013,608 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and financial AI specialist Thinkpool.

This content was produced with the assistance of AI translation services.