As of 2:30 PM on the 18th, Hyundai Motor Company is trading at 180,000 KRW, down 1.37% from the previous day. The trading volume is 1,962,504 shares, which is 57.52% of the previous day's volume. Hyundai Motor is known as the number one automaker in South Korea.


On November 17, Jang Moon-su, a researcher at Hyundai Motor Securities, stated, "Despite one-time cost issues, the fundamentals are improving faster than expected, confirming a steady trend in the stock price. Following the change in management rights, active strategies in new businesses such as eco-friendly vehicles, energy, and mobility are anticipated. Premiums are being applied to a small group capable of adapting to the increased market valuation, favorable competitive environment, and ongoing market changes (such as energy transition), so there is still significant potential for stock price growth. Even without assuming value for new businesses, there is sufficient upside potential in the stock price," and set Hyundai Motor's target price at 250,000 KRW.


Over the past five days, individual investors have net sold 1,025,161 shares of Hyundai Motor, while foreigners and institutions have net bought 627,344 shares and 269,931 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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