As of 2:30 PM on the 16th, Hyundai Motor Company is trading at 180,000 KRW, up 1.41% from the previous day. The trading volume is 2,415,892 shares, which is 101.43% of the previous day's volume. Hyundai Motor is known as the number one automobile manufacturer in South Korea.


On November 12, Hana Financial Investment researchers Seonjae Song and Seongjung Koo stated, "The strong performance will continue due to global demand recovery, robust domestic and U.S. sales, and improved mix. The new Tucson, G70 F/L, and GV70 models will sustain the new car effect, and the launch of dedicated models based on the 2021 E-GMP platform will positively impact earnings and stock prices. Currently, the stock price shows a lower valuation compared to the global industry average, but we expect a full-scale revaluation based on earnings improvement from high-end new cars and an increase in eco-friendly vehicle share." They set Hyundai Motor's target price at 220,000 KRW.


Over the past five days, individual investors have net sold 248,444 shares of Hyundai Motor, while foreign investors and institutions have net sold 67,057 shares and net bought 183,271 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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