LG Electronics, Institutional Investors Sold Net 476,294 Shares in Last 5 Days... Stock Price 90,400 KRW (+1.69%)

As of 2:32 PM on the 23rd, LG Electronics is trading at 90,400 KRW, up 1.69% from the previous day. The trading volume is 867,209 shares, which is 82.55% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On September 22, Dongwon Kim, a researcher at KB Securities, stated, "① Following the spin-off of LG Chem's battery division, profitability is expected to improve through portfolio optimization by eliminating overlapping businesses with limited profit contribution. This will create a business environment focused on securing orders for purely electric vehicle parts with favorable profitability, accelerating the timing of a return to profitability next year. ② Operating profit for the second half of this year is estimated at 1.3 trillion KRW, exceeding the average operating profit of the past nine years for the second half by 2.5 times, driven by increased demand for home appliances and TVs due to the expansion of the non-face-to-face home economy amid COVID-19, raising expectations for record-high performance." He set LG Electronics' target price at 110,000 KRW.

Over the past five days, individual investors have net purchased 369,508 shares of LG Electronics, while foreigners and institutions have net purchased 87,949 shares and net sold 476,294 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.