Hyundai Motor, 1,118,567 Shares Net Bought by Individuals in Last 5 Days... Stock Price 178,500 KRW (+1.71%)

As of 2:30 PM on the 29th, Hyundai Motor Company is trading at 178,500 KRW, up 1.71% from the previous day. The trading volume is 1,156,734 shares, which is 85.47% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.

On September 28, KB Securities researcher Kang Sung-jin announced Hyundai Motor's target price as 200,000 KRW, citing investment points: 1) recovery of the global automobile market, 2) profit improvement due to successful model replacement, 3) model competitiveness from the application of dedicated platforms. From Q4 2020, models such as the G80 and GV80 will be actively sold in the U.S., expecting sales expansion and margin improvement. Meanwhile, with the launch of new models based on the e-GMP platform in early 2021, electric vehicle competitiveness and profitability are expected to improve. Risk factors include 1) increase in sales of low-profit models, intensified competition in the electric vehicle market, and entry of IT companies into the mobility industry.

Over the past five days, individual investors have net purchased 1,118,567 shares of Hyundai Motor, while foreign investors and institutions have net sold 558,956 shares and 590,315 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 financial AI specialist company Thinkpool.