As of 2:30 PM on the 30th, YG Entertainment is trading at 38,100 KRW, up 2.97% from the previous day. The trading volume is 5,570,089 shares, which is 128.93% of the previous day's volume. YG Entertainment is known as a company engaged in entertainment management and related businesses.

On June 30th, NH Investment & Securities researcher Lee Hwajeong stated, "Through recent new song releases, YG Entertainment is proving 1) differentiated market expansion capabilities (North America, mass appeal) and 2) the ability to offset COVID-19 related uncertainties through stable digital sales. Regardless of COVID-19, there is potential for growth in 1) digital music and 2) lineup additions (rookies, Big Bang), enabling external growth. With improvements in the external environment, the two mega artists capable of global dome tours (Big Bang, BLACKPINK) are expected to be the biggest beneficiaries. The short-term momentum is in the order of Treasure 12 debut → BLACKPINK single comeback → BLACKPINK full album comeback." He set the target price for YG Entertainment at 48,000 KRW.

Over the past five days, individual investors have net sold 51,029 shares of YG Entertainment, while foreigners and institutions have net bought 6,023 shares and 41,145 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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


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