Kia Motors, Institutional Investors Net Buy 1,511,831 Shares Over Last 5 Days... Stock Price 50,800 KRW (+0.59%)

As of 9:30 AM on the 6th, Kia Motors is trading at 50,800 KRW, up 0.59% from the previous day. The trading volume is 1,026,990 shares, which is about 24.77% of the previous day's volume. Kia Motors is known as one of the top 10 global automobile manufacturers.

On September 28, KB Securities researcher Kang Sung-jin announced a target price of 54,000 KRW for Kia Motors, stating, "Kia's operating profit in 2020 is expected to be 1.8 trillion KRW, a decrease of only 8.8% compared to the previous year. This exceeds market consensus by 6.1%. The decline in sales volume due to the impact of COVID-19 is a factor reducing operating profit (1.2 trillion KRW), but the profit improvement from model mix enhancement amounts to 1.3 trillion KRW, which is expected to mostly offset the decline. Investment points are 1) segment improvement, 2) increase in global market share, and 3) rise in EV market share."

Over the past five days, individual investors have net sold 1,083,736 shares of Kia Motors, while foreigners and institutions have net sold 594,587 shares and net bought 1,511,831 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.