As of 12:31 PM on the 6th, Hyundai Motor Company is trading at 185,500 KRW, down 0.8% from the previous day. The trading volume is 1,079,511 shares, which is about 40.03% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.


On September 28, researcher Jo Suhong of 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 car 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 Company's target price at 240,000 KRW.


Over the past five days, individual investors have net sold 285,173 shares of Hyundai Motor Company, while foreigners and institutions have net bought 120,542 shares and 165,244 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automatic 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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