LG Electronics, Stock Price +4.41% at This Hour... Foreigners Net Sell 294,691 Shares in Last 5 Days
As of 10:30 AM on the 12th, LG Electronics is trading at 154,000 KRW, up 4.41% from the previous day. The trading volume is 921,884 shares, which is 59.92% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.
On March 9, Kiwoom Securities researcher Kim Ji-san stated, "The investment points for the company should still focus on resolving smartphone risks and the turnaround of automotive parts. It is a race against time, and visible results are expected in the second quarter. Regarding future earnings forecasts, attention should be paid to the impact of cost pressures such as rising semiconductor and raw material prices and increased logistics costs. The company will simultaneously pursue cost reduction efforts accordingly and can overcome these challenges through the expansion of premium sales." He set LG Electronics' target price at 220,000 KRW.
Over the past five days, individual investors have net purchased 251,779 shares of LG Electronics, while foreigners and institutions have net sold 294,691 shares and 11,517 shares, respectively.
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※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.
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