LG Electronics, 1,971,873 Shares Sold Net by Individuals in Last 5 Days... Stock Price 96,200 KRW (+1.26%)
As of 9:30 AM on the 9th, LG Electronics is trading at 96,200 KRW, up 1.26% from the previous day. The trading volume is 786,072 shares, which is 16.85% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.
On December 9th, Dongwon Kim, a researcher at KB Securities, stated, "① Since 2021, the automotive components (VS) business has driven sales and profit growth through order expansion and a return to profitability, and ② the smartphone (MC) division is expected to significantly reduce losses from next year due to business restructuring and production efficiency improvements. Therefore, the VS and MC businesses, which have been continuous loss factors causing a discount on LG Electronics' stock price, are expected to return to profitability and reduce losses from next year, highlighting factors for LG Electronics to break away from undervaluation (2021 P/E ratio of 8.1x, P/B ratio of 0.94x)." He set LG Electronics' target price at 120,000 KRW.
Over the past five days, individual investors have net sold 1,971,873 shares of LG Electronics, while foreign investors and institutions have net bought 1,127,585 shares and 912,037 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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