LG Electronics, Institutional Investors Sold Net 726,122 Shares in Last 5 Days... Stock Price at 87,800 KRW (+0.92%)

As of 9:30 AM on the 27th, LG Electronics is trading at 87,800 KRW, up 0.92% from the previous day. The trading volume is 113,584 shares, which is about 15.42% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On November 25, Go Eui-Young, a researcher at Hi Investment & Securities, stated, "Demand for home appliances and TVs continues to be strong due to COVID-19. Cost structure efficiency is improved through online-focused sales. However, there is a potential risk that the high base this year could be a burden if consumption shifts from durable goods to services as COVID-19 subsides in 2021. Therefore, the company is focusing more on structurally growing businesses. The rental business is also progressing smoothly. Depending on the performance of new businesses, a market capitalization target of 20 trillion KRW is achievable." He set LG Electronics' target price at 115,000 KRW.

Over the past five days, individual investors have net purchased 706,387 shares of LG Electronics, while foreigners and institutions have net sold 33,023 shares and 726,122 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automatic 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.