As of 10:30 AM on the 28th, Hyundai Motor Company is trading at 172,000 KRW, down 0.29% from the previous day. The trading volume is 549,884 shares, which is about 16.97% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.


On October 27, analyst Hanjun Lee of KTB Investment & Securities stated, "The rapid normalization of operating rates in key regions combined with mix improvement has accelerated the pace of earnings improvement beyond expectations. Although a large-scale quality cost was incurred as announced, excluding this, the fundamentals show improvement with earnings around 1.8 trillion KRW. This should be sufficient grounds for upward revision of estimates in the automotive sector going forward. With conservative cost reflection, the possibility of quality cost recurrence in 2021 has decreased, making this a phase without buying pressure." He set Hyundai Motor Company's target price at 220,000 KRW.


Over the past five days, individual investors have net sold 551,219 shares of Hyundai Motor Company, while foreign investors and institutions have net bought 253,197 shares and 309,221 shares respectively.



※Source: AI Investment Assistant AI Rassiro


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