Kia Motors is trading at 78,700 KRW as of 12:30 PM on the 26th, up 2.21% from the previous day. The trading volume is 10,197,295 shares, which is 315.52% of the previous day's volume. Kia Motors is known as one of the top 10 global automobile manufacturers.


On February 25th, Lee Seung-hwan, a researcher at Daishin Securities, stated, "Further performance improvements are expected to be reflected going forward. The automotive sector is expected to continue having the strongest profit momentum. This is not an overvalued phase where only valuation has increased, but a phase where performance improvements are still to be realized. At the recent CEO Investor Day, an operating profit guidance of 3.5 trillion KRW for 2021 was presented. This misunderstanding arose from differences in assumptions, as Kia Motors conservatively estimated 2021 sales volume and exchange rates. The Plan S project, which aims to establish the company as a specialized electric vehicle manufacturer, is expected to lead the electric vehicle market in the future." He set the target price for Kia Motors at 110,000 KRW.


Over the past five days, individual investors have net purchased 1,309,191 shares of Kia Motors, while foreign investors and institutions have net sold 543,624 shares and 749,739 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