LG Electronics, Foreign Investors Net Sell 1,216,223 Shares in Last 5 Days... Stock Price 161,500 KRW (+2.22%)

As of 11:30 AM on the 3rd, LG Electronics is trading at 161,500 KRW, up 2.22% from the previous day. The trading volume is 1,989,620 shares, which is 76.92% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On February 1st, Cho Cheol-hee, a researcher at Korea Investment & Securities, stated, "The company's operating profit for 2021 is expected to increase by 18.4% year-on-year to 3.7819 trillion KRW. Although the HE operating profit is expected to decline, improvements in the home appliance division (VS) will drive the overall profit increase. Key points from the conference call: 1) No specific mention of MC handling measures. 2) The VS division reiterated its plan to return to operating profit this year. 3) The share of new home appliance product sales in H&A was 40% in 2020 and is expected to remain above 40% in 2021." He set LG Electronics' target price at 220,000 KRW.

Over the past five days, individual investors have net purchased 940,664 shares of LG Electronics, while foreigners and institutions have net sold 1,216,223 shares and net purchased 208,809 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated 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.