Hyundai Mobis, Institutional Investors Net Buy 561,660 Shares in Last 5 Days... Stock Price 232,500 KRW (+0.43%)

As of 2:30 PM on the 22nd, Hyundai Mobis is trading at 232,500 KRW, up 0.43% from the previous day. The trading volume is 298,597 shares, which is 62.84% of the previous day's volume. Hyundai Mobis is known as the leading automotive parts specialist in South Korea.

On October 19, analysts Dongha Kim and Junho Park from Hanwha Investment & Securities stated, "We expect the profitability gap between automakers and suppliers, which has widened due to relatively weak performance this year, to gradually narrow. Starting from 4Q20, alongside improving earnings, the stock's multiple is likely to rise due to the highlighted growth potential in future vehicles. This is based on (① the full-scale growth of the electrification segment with the launch of E-GMP-based electric vehicles next year, ② expectations for strengthened future vehicle strategies following the change in group leadership, and ③ anticipated industry recovery next year leading to renewed attention on autonomous driving within the sector)." They set a target price of 320,000 KRW for Hyundai Mobis.

Over the past five days, individual investors have net sold 216,704 shares of Hyundai Mobis, while foreign investors and institutions have net sold 451,752 shares and net bought 561,660 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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