Korean Air, Stock Price Down 2.55% at This Time... 1.828 Million Shares Sold Net by Individuals in Last 5 Days

Korean Air is trading at 30,600 KRW as of 11:30 AM on the 9th, down 2.55% from the previous day. The trading volume is 2,188,148 shares, which is about 30.52% of the previous day's volume. Korean Air is known as the number one airline transportation company in South Korea.

On February 5th, analyst Hanjun Lee of KTB Investment & Securities stated, "The company's enterprise value (EV) has been capped at around 18 trillion KRW for nearly 10 years, but considering the synergy from the Asiana Airlines merger, the target EV for 2022 is 20 trillion KRW (EV/EBITDA 7.1x), with an appropriate market capitalization of 14 trillion KRW. Valuation of the merged entity is expected to be possible after the merger plan submission on March 17. With expectations of travel demand recovery, the investment sentiment for airline stocks is likely to continue improving." He set the target price for Korean Air at 35,000 KRW.

Over the past five days, individual investors have net sold 1,828,331 shares of Korean Air, while foreigners and institutions have net bought 1,148,937 shares and 764,141 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.