As of 11:30 AM on the 10th, LG Electronics is trading at 94,700 KRW, down 1.56% from the previous day. The trading volume is 646,154 shares, which is about 30.75% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.


On December 9, analyst Kyungtak Noh of Eugene Investment & Securities forecasted, "The profit and loss improvement speed of the smartphone and automotive parts divisions is expected to accelerate in 2021. Latin America is a key region, accounting for 27% of the company's total smartphone shipments and 19% of sales, and is expected to benefit from Huawei's business contraction. The automotive parts division will establish itself as the company's third-largest business group due to increased parts supply following the full-scale launch of customers' electric vehicle projects, with quarterly profitability turning positive and profit and loss improvement accelerating. Record-high performance is expected in 2021." He set LG Electronics' target price at 115,000 KRW.


Over the past five days, individual investors have net sold 2,021,351 shares of LG Electronics, while foreigners and institutions have net bought 1,077,624 shares and 1,027,608 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 financial AI specialist company Thinkpool.


This content was produced with the assistance of AI translation services.

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