LG Electronics, Stock Price Down 5.16% at This Hour... Institutional Investors Net Buy 1,082,560 Shares in Last 5 Days

As of 2:30 PM on the 15th, LG Electronics is trading at 64,300 KRW, down 5.16% from the previous day. The trading volume is 1,041,682 shares, which is 62.92% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On June 10, Kim Unho, a researcher at IBK Investment & Securities, stated, "The deterioration in third-quarter earnings compared to the second quarter is not expected to be significant. Operating profit in the third quarter is expected to slightly increase compared to the second quarter. This is because the operating profit margin of the underperforming HE division in the second quarter is expected to normalize in the third quarter, and the deficit in the MC division is expected to gradually decrease. Even if all divisions normalize, it is expected to be difficult to escape the seasonality in the fourth quarter. The current stock price is judged to be undervalued relative to the company's operating profit scale." He set the target price for LG Electronics at 85,000 KRW.

Over the past five days, individual investors have net sold 1,058,092 shares of LG Electronics, while foreigners and institutions have net sold 100,867 shares and net bought 1,082,560 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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

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