LG Electronics, Stock Price 0.0% at This Hour... Institutional Investors Sold Net 384,451 Shares in Last 5 Days
As of 9:30 AM on the 20th, LG Electronics is trading at 89,100 KRW, the same price as the previous day. The trading volume is 154,825 shares, which is about 12.76% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.
On November 19, Juminwoo, a researcher at Meritz Securities, stated, "Operating profit in 2021 is expected to reach 4 trillion KRW, with an ROE of 15.1%, and the PBR is expected to surpass 1x (currently at 0.87x). The key to the automotive components division turning profitable is GM → it is estimated that 40-50% of the order backlog is for GM. In the second half of 2021, the electric pickup truck Hummer is scheduled for release, and the SUV Lyric is planned for 2022." He set LG Electronics' target price at 120,000 KRW.
Over the past five days, individual investors have net purchased 285,910 shares of LG Electronics, while foreign investors and institutions have net purchased 160,363 shares and net sold 384,451 shares, respectively.
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※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.
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