As of 9:30 AM on the 25th, Samsung Electronics is trading at 67,900 KRW, up 0.3% from the previous day. The trading volume is 6,789,131 shares, which is 21.32% of the previous day's volume. Samsung Electronics is known as a global IT company.
On November 24, analyst Jaeyoon Lee of Yuanta Securities stated, "In the second half of 2020, yield improvements in the 5nm process and continued diversification of Foundry business customers in 2021 are expected. In 2021, the company’s business value is anticipated to be re-evaluated as the visibility of achieving its ‘Semiconductor Vision 2030’ strategy increases. It is also positive that the company will lead the Capex Cycle while memory semiconductor prices rebound in the first half of next year." He set Samsung Electronics’ target price at 85,000 KRW.
Over the past five days, individual investors have net purchased 1,242,777 shares of Samsung Electronics, while foreigners and institutions have net purchased 3,576,294 shares and net sold 4,116,009 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.
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