LG Electronics, Stock Price -0.92% at This Hour... 556,624 Shares Net Bought by Individuals in the Last 5 Days

As of 2:30 PM on the 3rd, LG Electronics is trading at 85,700 KRW, down 0.92% from the previous day. The trading volume is 617,291 shares, which is 53.18% 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, Jongwook Lee, a researcher at Samsung Securities, 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, I 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 are setting LG Electronics' profit outlook higher and considering it as 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 556,624 shares of LG Electronics, while foreigners and institutions have net sold 320,725 shares and 256,660 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.