LG Electronics, Stock Price Down 1.5% at This Hour... Institutional Investors Sold Net 1,012,694 Shares in Last 5 Days

As of 2:30 PM on the 17th, LG Electronics is trading at 85,200 KRW, down 1.5% from the previous day. The trading volume is 765,445 shares, which is 97.6% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On November 16, Kiwoom Securities researcher Kim Ji-san announced a target price of 100,000 KRW for LG Electronics, highlighting the key points for 4Q20 as: 1) The automotive parts segment is expected to significantly reduce losses due to the increased proportion of electric vehicles, 2) TV sales strategies during the year-end shopping season will focus mainly online, leading to reduced marketing expenses. Expectations for a valuation reassessment arise from the automotive parts turnaround and the reduction of smartphone losses.

Over the past five days, individual investors have net purchased 800,507 shares of LG Electronics, while foreign investors and institutions have net purchased 174,192 shares and net sold 1,012,694 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.