LG Electronics, Stock Price -0.1% at This Time... 1,263,972 Shares Sold Net by Individuals in Last 5 Days
As of 11:31 AM on the 11th, LG Electronics is trading at 95,300 KRW, down 0.1% from the previous day. The trading volume is 485,023 shares, which is about 28.88% 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, 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 turning profitable, and ② the smartphone (MC) division is expected to significantly reduce losses from next year due to business adjustments and production efficiency improvements. Therefore, the VS and MC businesses, which have been continuous loss factors and caused LG Electronics' stock price discount, are expected to turn profitable and reduce losses from next year, highlighting factors for LG Electronics to escape 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 1,263,972 shares of LG Electronics, while foreigners and institutions have net bought 829,397 shares and 512,514 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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