LG Electronics, Institutional Investors Net Buy 784,880 Shares in Last 5 Days... Stock Price 132,500 KRW (+18.3%)

As of 11:32 AM on the 28th, LG Electronics is trading at 132,500 KRW, up 18.3% from the previous day. The trading volume is 12,319,980 shares, which is about 103.99% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On December 24, Kim Rok-ho, a researcher at Hana Financial Investment, stated, "LG Electronics established a joint venture, LG Magna e-Powertrain, with Canadian automotive parts company Magna, related to electric vehicle components. They are adding customers and accumulating turnkey solution know-how. Among the VS division's sales of 5.7 trillion KRW in 2020, powertrain accounted for around 250 billion KRW, less than 5%, but the order backlog ratio is about 12%, indicating potential for future growth. As the proportion of LG Magna e-Powertrain, which has the highest future growth potential within the VS business unit, expands, there is also a possibility of multiple expansion." He set LG Electronics' target price at 153,000 KRW.

Over the past five days, individual investors have net sold 727,737 shares of LG Electronics, while foreigners and institutions have net bought 28,203 shares and 784,880 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.