LG Electronics, Stock Price Down 1.18% at This Hour... Institutional Investors Net Buy 897,799 Shares in Last 5 Days

As of 12:31 PM on the 19th, LG Electronics is trading at 67,000 KRW, down 1.18% from the previous day. The trading volume is 458,558 shares, which is 48.69% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On June 17, Kangho Park, a researcher at Daishin Securities, stated, "1) The competitiveness of the Home Appliance & Air Solution (H&A) segment is expected to continue through the second half of 2020 and 2021. 2) The TV (HE) segment is expected to see sales growth in the second half of 2020 and profitability improvement in 2021. 3) The VS division is estimated to reduce losses. The volume of low-profit orders is decreasing, and sales of pure electric motor components will fully commence in 2021, with sales expected to increase by 31% (yoy). Operating losses are estimated to decrease by more than 300 billion KRW compared to the previous year. 4) Strategic changes in the MC division are expected around the first half of 2021. It is considered a time requiring new decision-making." He set LG Electronics' target price at 85,000 KRW.

Over the past five days, individual investors have net sold 605,727 shares of LG Electronics, while foreign investors and institutions have net sold 241,789 shares and net bought 897,799 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.