LG Electronics, Institutional Investors Net Sold 539,116 Shares in Last 5 Days... Stock Price at 86,400 KRW (+1.05%)

As of 12:30 PM on the 3rd, LG Electronics is trading at 86,400 KRW, up 1.05% from the previous day. The trading volume is 262,088 shares, which is about 51.7% 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, Kangho Park, a researcher at Daishin Securities, estimated the operating profit for Q4 2020 to be 615.5 billion KRW (-35.8% qoq / 505% yoy). Despite a seasonal downturn leading to increased marketing expenses in the home appliance and TV sectors and a weakened mix effect causing a quarter-on-quarter decrease, the year-on-year increase in operating profit is viewed positively. He also expects a continued turnaround in the VS division and set LG Electronics' target price at 115,000 KRW.

Over the past five days, individual investors have net purchased 391,997 shares of LG Electronics, while foreigners and institutions have net purchased 122,016 shares and net sold 539,116 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.