LG Electronics, Stock Price +2.75% at This Hour... 1,278,249 Shares Net Sold by Individuals in Last 5 Days

As of 9:30 AM on the 13th, LG Electronics is trading at 89,700 KRW, up 2.75% from the previous day. The trading volume is 470,270 shares, which is 17.51% 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?19) (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 1,278,249 shares of LG Electronics, while foreigners and institutions have net bought 602,836 shares and 681,035 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.