LG Electronics, 1,019,791 Shares Sold Net by Individuals Over Last 5 Days... Stock Price 82,400 KRW (-0.72%)

As of 10:30 AM on the 12th, LG Electronics is trading at 82,400 KRW, down 0.72% from the previous day. The trading volume is 556,562 shares, which is about 33.22% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On August 11, Dongwon Kim, a researcher at KB Securities, stated, "In the second half of this year, LG Electronics is expected to show a different performance pattern due to ① a surge in demand for hygiene appliances caused by COVID-19 and ② an increase in the proportion of online sales, leading to a clear improvement in profit margins. Additionally, increased awareness of virus prevention is expected to drive demand centered on hygiene appliances, improving the performance of the Home Appliance & Air Solution (H&A) division. Therefore, operating profit in the second half (1.2 trillion KRW) is expected to exceed the average of the past four years (2016?2019) (711.6 billion KRW) by +71.3%." He set LG Electronics’ target price at 100,000 KRW.

Over the past five days, individual investors have net sold 1,019,791 shares of LG Electronics, while foreigners and institutions have net bought 525,427 shares and 495,544 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.