LG Electronics, 613,822 Shares Net Bought by Individuals in Last 5 Days... Stock Price 86,000 KRW (-1.94%)

As of 12:30 PM on the 2nd, LG Electronics is trading at 86,000 KRW, down 1.94% from the previous day. The trading volume is 786,642 shares, which is about 72.66% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On September 2nd, Samsung Securities researcher Jongwook Lee stated, "The prolonged pandemic phenomenon is redefining demand for home appliances. It has been confirmed that the increased desire to purchase during extended residence time is being satisfied through new online channels. From a stock idea perspective, we believe that as we move from the pandemic to the post-corona era, the direction of hardware demand will shift from home appliances and TVs to mobile devices. However, in 3Q20, contrary to our previous expectations, this inflection point did not occur. Therefore, we have raised LG Electronics' profit estimates and consider it an alternative to avoid the worsening smartphone demand for the time being." He set LG Electronics' target price at 105,000 KRW.

Over the past five days, individual investors have net purchased 613,822 shares of LG Electronics, while foreigners and institutions have net sold 101,906 shares and 527,375 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.