As of 1:31 PM on the 5th, Hyundai Motor Company is trading at 185,000 KRW, up 3.64% from the previous day. The trading volume is 1,982,600 shares, which is 141.55% of the previous day's volume. Hyundai Motor is known as the number one automaker in South Korea.


On September 28, researcher Jo Suhong from NH Investment & Securities stated, "There are macro uncertainties such as the possibility of a COVID-19 resurgence. However, the intrinsic value improvement of the company due to the cumulative effect of new car launches will grow stronger over time. From a bottom-up perspective, the successful new car effects and continuous improvement in product mix are reasons to expect a trend of rising stock prices. In the clean mobility sector, since 2021, the introduction of an electric vehicle-dedicated platform is expected to enhance electric vehicle responsiveness. The hydrogen vehicle business, which is expanding its business area from passenger cars to trucks, is also a mid- to long-term positive factor." He set Hyundai Motor's target price at 240,000 KRW.


Over the past five days, individual investors have net purchased 430,170 shares of Hyundai Motor, while foreigners and institutions have net sold 197,606 shares and 248,485 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.

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