Hyundai Motor, Institutional Investors Net Buy 60,327 Shares in Last 5 Days... Stock Price 185,500 KRW (+3.63%)
As of 1:30 PM on the 16th, Hyundai Motor Company is trading at 185,500 KRW, up 3.63% from the previous day. The trading volume is 2,434,727 shares, which is 92.62% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.
On September 14, analyst Lee Jae-il of Eugene Investment & Securities stated, "The global demand recovery trend continues, and the launch of Genesis in the U.S. is imminent. The company's performance improvement is expected to continue through the fourth quarter of this year and into 2021. Factors such as the big cycle of eco-friendly vehicles and the global launch effect of Genesis are also positive. The recent entry into the budget phone business can be seen as a signal for the full-scale launch of connected car services starting next year. It is important to note that the business is entering a structural transition period." He set Hyundai Motor Company's target price at 200,000 KRW.
Over the past five days, individual investors have net sold 26,324 shares of Hyundai Motor Company, while foreign investors and institutions have net sold 51,620 shares and net bought 60,327 shares, respectively.
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※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.
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