Hyundai Motor, Stock Price +1.86% at This Hour... 1,040,505 Shares Net Bought by Individuals in the Last 5 Days
As of 12:30 PM on the 30th, Hyundai Motor Company is trading at 219,500 KRW, up 1.86% from the previous day. The trading volume is 617,483 shares, which is 52.73% of the previous day's volume. Hyundai Motor Company is known as the number one automaker in South Korea.
On March 29, researcher Jo Suhong from NH Investment & Securities stated, "The recent stock price decline is due to concerns over first-quarter earnings and automotive semiconductor supply. However, considering the full-scale improvement in corporate intrinsic value driven by the global virtuous cycle effect spreading in 2021 and the possibility of a successful business structure transformation, a mid- to long-term stock price revaluation is expected to continue. Global sales (deliveries) for finished vehicles in 2021 are expected to be approximately 4.15 million units (14.4% y-y). The electrification strategy through the successful introduction of an electric vehicle-dedicated platform and the global launch of Genesis are the biggest business expectations for 2021," and set Hyundai Motor Company's target price at 330,000 KRW.
Over the past five days, individual investors have net purchased 1,040,505 shares of Hyundai Motor Company, while foreigners and institutions have net sold 230,871 shares and 835,789 shares, respectively.
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※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.
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