Korean Air is trading at 26,800 KRW as of 2:30 PM on the 1st, up 5.1% from the previous day. The trading volume is 7,474,266 shares, which is 185.17% of the previous day's volume. Korean Air is known as the number one airline transportation company in South Korea.


On November 30, KB Securities analyst Kang Sung-jin stated, "Key points for 2021: 1) While passenger traffic is sluggish, air cargo demand is expected to remain robust. The projected international passenger revenue for 2021 is 2.3 trillion KRW, which corresponds to 31.6% of 2019 levels. In contrast, air cargo revenue is expected to be 4.0 trillion KRW, or 156.8% of 2019 levels. 2) Korean Air is preparing a large-scale rights offering in 1Q21, which will inevitably cause significant share dilution. 3) In 2021, Korean Air will acquire a 63.9% stake in Asiana Airlines for 1.5 trillion KRW." He set the target price for Korean Air at 22,000 KRW.


Over the past five days, individual investors have net sold 572,041 shares of Korean Air, while foreign investors and institutions have net bought 104,282 shares and 359,178 shares, respectively.



※Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automated 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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