As of 12:30 PM on the 2nd, LG Electronics is trading at 84,400 KRW, up 0.48% from the previous day. The trading volume is 325,380 shares, which is 33.46% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.


On November 2nd, Lee Dong-joo, a researcher at SK Securities, stated, "There is ample room for future deficit reduction. VS is normalizing faster than the market due to the recovery of operating rates at major front-end factories and the start of mass production for new projects. There is high expectation for a return to profitability in the second half of 2021. Despite the off-season, product sales expansion driven by the non-face-to-face trend and cost structure improvements are expected to demonstrate milder seasonality than usual. H&A confirms a stronger market position. The increase in MC volume and the rapid normalization of VS are also expected to contribute to a positive turnaround." He set LG Electronics' target price at 110,000 KRW.


Over the past five days, individual investors have net purchased 459,075 shares of LG Electronics, while foreigners and institutions have net purchased 169,691 shares and net sold 640,439 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


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