KT, Foreign Investors Net Buy 258,363 Shares in Last 5 Days... Stock Price 24,200 KRW (-2.22%)
As of 2:30 PM on the 26th, KT is trading at 24,200 KRW, down 2.22% from the previous day. The trading volume is 2,168,932 shares, which is about 54.6% of the previous day's volume. KT is known as a comprehensive wired and wireless telecommunications business.
On January 25, Jeong Jisoo, a researcher at Meritz Securities, forecasted, "By the end of the year, 5G subscribers are expected to reach 7.39 million (penetration rate of 32.0%), and wireless ARPU is projected to grow by +3.3% year-on-year to 32,711 KRW. BC Card and Estate are expected to see nominal growth of +0.3% and +6.5% respectively in 2021 due to the base effect, and the content sector is expected to recover double-digit growth (+16.3%). In B2B, the opening of the Yongsan IDC will reflect related performance from 2021, leading growth in the corporate sector. As the MNO core business enters a structural growth phase, a shareholder-friendly dividend policy is expected to continue." He set KT's target price at 32,000 KRW.
Over the past five days, individual investors have net sold 218,670 shares of KT, while foreigners and institutions have net bought 258,363 shares and net sold 132,069 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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