KT, 2.967 million shares net bought by institutions in last 5 days... Stock price 26,600 KRW (-0.19%)

As of 12:31 PM on the 18th, KT is trading at 26,600 KRW, down 0.19% from the previous day. The trading volume is 1,367,742 shares, which is about 33.21% of the previous day's volume. KT is known as a comprehensive wired and wireless telecommunications business.

On February 16, Kim Hong-sik, a researcher at Hana Financial Investment, stated the reasons for recommendation as follows: 1) Considering the trend and outlook of dividends per share, there is a high likelihood of short-term market funds flowing into KT; 2) Given KT management’s forecast for this year’s 5G subscriber penetration rate and mobile ARPU growth rate, high operating profit growth is expected in the future; 3) The establishment of a media control tower and the sale of non-core subsidiaries are expected to raise expectations for nurturing new growth businesses and restructuring; 4) The promotion of K-Bank’s IPO is expected to intensify the controversy over KT’s undervaluation. He set KT’s target price at 35,000 KRW.

Over the past five days, individual investors have net sold 2,454,604 shares of KT, while foreigners and institutions have net sold 688,310 shares and net bought 2,967,176 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.