As of 9:30 AM on the 11th, LG Electronics is trading at 149,000 KRW, up 1.02% from the previous day. The trading volume is 1,859,876 shares, which is 19.91% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.


On January 11, Lee Dong-joo, a researcher at SK Securities, announced a target price of 170,000 KRW for LG Electronics, stating, "The establishment of the JV provides grounds for multiple expansion based on new electric vehicle OEM entries including Europe, rather than reflecting short-term earnings. The current stock price level can be explained by TV and home appliances alone, and the VS division is an additional upside factor. The second half of this year is expected to be the first year of the VS division’s return to profitability, and the value of the VS division is expected to be re-evaluated annually."


Over the past five days, individual investors have net purchased 3,627,252 shares of LG Electronics, while foreigners and institutions have net sold 2,936,743 shares and 761,950 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.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing