LG Electronics, Stock Price Down 1.27% at This Hour... Institutional Investors Net Buy 583,621 Shares in Last 5 Days

As of 2:30 PM on the 18th, LG Electronics is trading at 156,000 KRW, down 1.27% from the previous day. The trading volume is 1,076,194 shares, which is about 70.27% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On March 18, Kwon Tae-woo, a researcher at DS Investment & Securities, stated, "1) The joint venture announcement with Magna at the end of last year guarantees future structural growth, enabling a re-rating of the valuation. 2) Additionally, the VS division turned a quarterly profit in 2021, 3) continued strong sales in the TV and home appliance sectors, and 4) expected restructuring in the MC division mark this year as the first year of improved profitability and strengthened competitiveness for the company." He set the target price for LG Electronics at 200,000 KRW.

Over the past five days, individual investors have net sold 328,640 shares of LG Electronics, while foreign investors and institutions have net sold 246,045 shares and net bought 583,621 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.