LG Electronics, Foreign Investors Net Buy 785,605 Shares in Last 5 Days... Stock Price 91,800 KRW (-1.61%)

As of 1:31 PM on the 12th, LG Electronics is trading at 91,800 KRW, down 1.61% from the previous day. The trading volume is 727,308 shares, which is about 33.7% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On October 12, Kwon Seong-ryul, a researcher at DB Financial Investment, stated, "In the past, there were many cases of poor performance due to inventory management costs caused by inadequate year-end inventory control. However, by conservatively managing distribution inventory such as home appliances and TVs, it is expected that even with typical year-end demand, a favorable operating profit can be achieved in 4Q20. Once the confirmed results are released on October 30, we plan to update the performance. The fundamentals of all business divisions are improving, and the valuation indicators are attractive, making a strategy to increase weighting effective." He set LG Electronics' target price at 115,000 KRW.

Over the past five days, individual investors have net sold 231,618 shares of LG Electronics, while foreigners and institutions have net bought 785,605 shares and net sold 556,289 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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

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