LG Electronics, Foreign Investors Net Sell 39,536 Shares in Last 5 Days... Stock Price 89,700 KRW (-0.88%)

As of 1:30 PM on the 7th, LG Electronics is trading at 89,700 KRW, down 0.88% from the previous day. The trading volume is 977,163 shares, which is 55.72% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On December 3rd, Kim Rok-ho, a researcher at Hana Financial Investment, stated, "LG Electronics' home appliances and TV divisions are demonstrating solid profits through their own fundamental level-up. The future growth engine, the VS division, has secured visibility for turning profitable in 2021 based on an order backlog of 60 trillion KRW. Nevertheless, the current stock price is in an extremely undervalued range. In 2018, the valuation expanded to a PBR of 1.46x due to expectations of the VS division turning profitable, and since 2021 is the year the VS division is expected to turn profitable, it is judged that the valuation will return to that level." He set LG Electronics' target price at 125,000 KRW.

Over the past five days, individual investors have net sold 18,961 shares of LG Electronics, while foreigners and institutions have net sold 39,536 shares and net bought 9,619 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.