LG Electronics, 316,294 Shares Sold Net by Individuals in Last 5 Days... Stock Price at 94,000 Won (+5.38%)
As of 9:30 AM on the 8th, LG Electronics is trading at 94,000 KRW, up 5.38% from the previous day. The trading volume is 1,180,227 shares, which is 92.78% 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 fundamental level-ups. The future growth driver, 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 316,294 shares of LG Electronics, while foreigners and institutions have net bought 315,339 shares and net sold 49,120 shares, respectively.
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※ 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.
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