As of 10:30 AM on the 14th, Hyundai Mobis is trading at 329,500 KRW, down 2.95% from the previous day. The trading volume is 310,384 shares, which is about 22.97% of the previous day's volume. Hyundai Mobis is known as the leading automotive parts specialist in South Korea.
On January 11, Jang Moon-soo and Jo Jun-woo, researchers at Hyundai Motor Securities, stated, "Hyundai Motor Group is entering the forefront of electric vehicles, expanding BEVs based on competitive dedicated platforms, investing in robotics business shares, and responding to collaboration requests from Apple. Although valuation discounts compared to Hyundai Motor and the market are being resolved, it is still undervalued compared to past average levels. Benefits are expected from the expansion of eco-friendly vehicles. 1) Continuous improvement in finished car mix and market share growth are expected. 2) Direct benefits from the expansion of eco-friendly vehicles. Direct benefits are expected from Hyundai Motor Group's electrification expansion, collaboration with other companies, and business expansion in the energy transition phase." They set Hyundai Mobis's target price at 430,000 KRW.
Over the past five days, individual investors have net purchased 991,996 shares of Hyundai Mobis, while foreign investors and institutions have net sold 668,124 shares and 334,399 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.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
