As of 12:30 PM on the 26th, POSCO ICT is trading at 6,750 KRW, down 2.03% from the previous day. The trading volume is 1,692,806 shares, which is about 7.18% of the previous day's volume. POSCO ICT is known as an IT services and engineering specialist company within the POSCO Group.
On October 26, Kwon Tae-woo, a researcher at DS Investment & Securities, stated, "1) Based on stable captive volume in 2021, smart factory performance is expected, 2) Visibility of order expansion for non-captive customers suggests a full-scale performance improvement. The expected sales for 2021 are 1.1101 trillion KRW (+10.4% YoY), and operating profit is 65.7 billion KRW (+27.1% YoY), indicating a phase of sales and profit growth that could lead to re-rating." He set the target price for POSCO ICT at 8,600 KRW.
Over the past five days, individual investors have net purchased 638,040 shares of POSCO ICT, while foreigners and institutions have net sold 514,498 shares and 139,023 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.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
