Hyundai Motor, Stock Price -1.45% at This Hour... 2,173,088 Shares Net Bought by Individuals in the Last 5 Days

As of 10:30 AM on the 19th, Hyundai Motor Company is trading at 169,500 KRW, down 1.45% from the previous day. The trading volume is 871,901 shares, which is about 27.43% of the previous day's volume. Hyundai Motor Company is known as the number one automaker in South Korea.

On October 15, analysts Dongha Kim and Junho Park from Hanwha Investment & Securities stated, "An improvement phase in earnings is expected. Due to the new car effect and recovery in overseas demand, operating profit for the second half of 2020 is projected to increase significantly to 2.39 trillion KRW (+54.6% yoy, +64.0% hoh). Next year, continued profit growth is expected with sales of 116.3 trillion KRW (+12.5%) and operating profit of 6.31 trillion KRW (+64.4%), driven by ① the COVID-19 base effect, ② an increase in ASP due to a higher proportion of new car sales, and ③ the new car effect (GV70) and the full-scale launch of Genesis sales in the U.S. We expect corporate value enhancement through increased Genesis sales." They set Hyundai Motor Company's target price at 220,000 KRW.

Over the past five days, individual investors have net purchased 2,173,088 shares of Hyundai Motor Company, while foreigners and institutions have net sold 199,756 shares and 1,952,331 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.