As of 9:30 AM on the 30th, Hyundai Motor Company is trading at 188,000 KRW, up 3.87% from the previous day. The trading volume is 1,560,393 shares, which is 152.86% of the previous day's volume. Hyundai Motor is known as the number one automobile manufacturer in Korea.


On November 30, Kim Pyeongmo, a researcher at DB Financial Investment, stated, "Hyundai Motor's global sales excluding China for the consolidated fiscal year 2021 are expected to rebound to 3.62 million units (+16% YoY) due to demand recovery in major regions and market share improvement. The improvement effect on operating profit from the increase in annual volume in 2021 is estimated to be about 2.5 trillion KRW. As global sales of the GV80, GV70, and Tucson begin in earnest, the increase in operating profit from mix and ASP improvement is expected to reach 1.3 trillion KRW. After adapting in 4Q20, 2021 will see the highest performance since 2014." He set Hyundai Motor's target price at 250,000 KRW.


Over the past five days, individual investors have net sold 413,250 shares of Hyundai Motor, while foreigners and institutions have net bought 531,041 shares and net sold 230,016 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.

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