As of 1:30 PM on the 13th, Hyundai Motor Company is trading at 179,000 KRW, down 0.56% from the previous day. The trading volume is 1,286,400 shares, which is about 78.8% of the previous day's volume. Hyundai Motor is known as the number one automobile manufacturer in South Korea.


On October 12, Jang Moon-su, a researcher at Hyundai Motor Securities, stated, "Until the first half of 2021, profitability is expected to continuously improve due to mix improvement and market share increase from new car launches, as well as cost reduction from platform integration, leading to sustained stock price growth and reduced valuation burden. Profitability improvement is expected to continue with mix improvement and market share increase from ongoing new car launches until 1H21, along with volume growth during the global demand recovery process after COVID-19." He set Hyundai Motor's target price at 250,000 KRW.


Over the past five days, individual investors have net purchased 648,419 shares of Hyundai Motor, while foreign investors and institutions have net sold 504,694 shares and 146,164 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.

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