LG Electronics, Institutional Investors Sold Net 502,000 Shares in Last 5 Days... Stock Price at 89,100 KRW (+0.34%)

As of 12:30 PM on the 19th, LG Electronics is trading at 89,100 KRW, up 0.34% from the previous day. The trading volume is 897,903 shares, which is about 42.68% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On November 18, KB Securities analyst Kim Dong-won stated, "① Sales of automotive components (VS) are expected to increase by more than 2 trillion KRW annually due to the expansion of electric vehicle parts product composition, with VS projected to maintain annual profitability starting next year; ② Next year's TV shipments are expected to reach the highest level in seven years since 2014, along with improved profitability through strengthening OLED TVs. In particular, LG Electronics' operating profit for Q4 this year is estimated at 641.1 billion KRW, a sixfold increase compared to the previous year (4Q19: 101.8 billion KRW), marking the highest quarterly performance ever. Growth in automotive component profits is a clear catalyst for revaluation." He set LG Electronics' target price at 120,000 KRW.

Over the past five days, individual investors have net purchased 376,613 shares of LG Electronics, while foreign investors and institutions have net purchased 176,353 shares and net sold 502,000 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.