Samsung C&T, Foreign Investors Net Buy 795,421 Shares in Last 5 Days... Stock Price 153,000 KRW (+0.33%)

As of 2:30 PM on the 15th, Samsung C&T is trading at 153,000 KRW, up 0.33% from the previous day. The trading volume is 956,414 shares, which is 51.85% of the previous day's volume. Samsung C&T is known as a company engaged in fashion, construction, leisure, catering, and food distribution businesses.

On January 14, Dongyang Kim, a researcher at NH Investment & Securities, forecasted, "Samsung C&T's operating profit in 2021 is expected to grow 49% year-on-year to 1.2244 trillion KRW. Stable demand in the construction sector and increased operating rates in the bio sector are expected to contribute significantly to profits. Despite the commencement of inheritance, there is expected to be no change in the controlling shareholder family's stake (31.6%) in Samsung C&T, which is positioned at the top of Samsung Group's governance structure. Dividend payments from Samsung Electronics and Samsung C&T are expected to increase to secure funds for inheritance tax, and business restructuring to enhance Samsung C&T's growth and status is also anticipated." He set the target price for Samsung C&T at 210,000 KRW.

Over the past five days, individual investors have net sold 242,000 shares of Samsung C&T, while foreigners and institutions have net bought 795,421 shares and net sold 549,551 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.