As of 9:30 AM on the 15th, Hyundai Motor Company is trading at 177,500 KRW, down 0.28% from the previous day. The trading volume is 304,016 shares, which is about 16.37% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.


On October 12, Jang Moon-su, a researcher at Hyundai Motor Securities, stated, "Due to new car launches until the first half of 2021, profitability is expected to continuously improve through mix enhancement, market share increase, and cost reduction from platform integration, leading to sustained stock price growth and reduced valuation pressure. Profitability improvement is expected to continue with mix enhancement and market share increase from ongoing new car launches until 1H21, as well as 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 1,474,783 shares of Hyundai Motor, while foreign investors and institutions have net sold 359,203 shares and 1,109,217 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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