LG Electronics, 541,800 Shares Sold by Individuals in Last 5 Days... Stock Price at 92,400 Won (-0.54%)

As of 12:30 PM on the 28th, LG Electronics is trading at 92,400 KRW, down 0.54% from the previous day. The trading volume is 535,611 shares, which is about 33.1% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On September 23, Kim Unho, a researcher at IBK Investment & Securities, stated, "We judge that the stock is undervalued relative to its corporate value. Due to COVID-19, the usual seasonality has significantly weakened, and the performance improvement after the third quarter is expected to exceed expectations, with annual operating profit projected to reach 2.7 trillion KRW. With this unusual seasonality, the performance is not inferior within the IT sector, and considering up to the first quarter of 2021, it is one of the stocks with the best momentum for performance improvement. Even assuming no improvement in the MC division, the current stock price is judged to be undervalued relative to the company's operating profit scale." He set the target price for LG Electronics at 120,000 KRW.

Over the past five days, individual investors have net sold 541,800 shares of LG Electronics, while foreign investors and institutions have net bought 380,628 shares and 161,137 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.