LG Electronics, Stock Price Down 2.31% at This Hour... 372,600 Shares Sold Net by Institutions in Last 5 Days

As of 12:32 PM on the 22nd, LG Electronics is trading at 88,800 KRW, down 2.31% from the previous day. The trading volume is 616,932 shares, which is 59.16% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On September 17, Cho Cheol-hee, a researcher at Korea Investment & Securities, stated, "The H&A (home appliances) and HE (TV) sectors are performing well. Offline sluggishness is being offset by online sales. Domestic sales of environmental appliances and increased sales in North America are expected to result in a 12% operating profit margin for H&A in the third quarter. TV sales are also strong in North America. Although panel prices are rising, TV manufacturers are also raising set prices, so there is no major concern. Next year, along with the strong performance of H&A and HE, MC and VS are also expected to contribute to profit growth. The estimated operating profit for 2021 has been revised upward by 34.1%." He set LG Electronics’ target price at 106,000 KRW.

Over the past five days, individual investors have net purchased 143,498 shares of LG Electronics, while foreigners and institutions have net purchased 227,284 shares and net sold 372,600 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.