Hyundai Motor, 848,258 Shares Net Bought by Individuals in Last 5 Days... Stock Price 220,000 KRW (+0.23%)
As of 12:30 PM on the 31st, Hyundai Motor Company is trading at 220,000 KRW, up 0.23% from the previous day. The trading volume is 437,668 shares, which is about 47.54% 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 848,258 shares of Hyundai Motor Company, while foreigners and institutions have net sold 298,476 shares and 575,718 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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