Kia Motors is trading at 72,100 KRW as of 12:30 PM on the 18th, up 1.41% from the previous day. The trading volume is 2,231,375 shares, which is about 50.71% of the previous day's volume. Kia Motors is known as one of the top 10 global automobile manufacturers.
On January 18, Dongha Kim, a researcher at Hanwha Investment & Securities, stated, "① Considering the full-scale effect of new models (domestic: Carnival, Sportage; North America: K5, Sorento; India: Sonet) leading to increased market share and continuous product mix improvement in both advanced and emerging markets, ② the possibility of improved profitability in electric vehicles due to new model launches based on the E-GMP platform, performance improvement and valuation re-evaluation are expected. However, due to the absence of a luxury brand (limiting product mix improvement) and relatively high exposure to exchange rates (increased export ratio), it seems difficult to assign a higher premium than Hyundai Motors." He set Kia Motors' target price at 93,000 KRW.
Over the past five days, individual investors have net purchased 1,424,377 shares of Kia Motors, while foreign investors and institutions have net sold 911,237 shares and 585,095 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.
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