As of 11:31 AM on the 22nd, LG Electronics is trading at 181,500 KRW, down 1.89% from the previous day. The trading volume is 4,860,556 shares, which is about 30.19% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.
On January 21, analyst Kyungtak Noh from Eugene Investment & Securities stated, "Through future sales and restructuring, the operating losses that have accounted for a large portion will be resolved, and it is expected that the company will increase its focus on businesses such as home appliances, automotive components, and B2B sectors with global competitiveness. The decision was made at a time when the growth of the automotive business is beginning in earnest, indicating that LG Electronics' business strategy direction and pace have changed significantly from the past. It is expected to achieve a profitable structure across all business divisions and secure global competitiveness through active investment in future industries such as autonomous driving and robotics." He set LG Electronics' target price at 220,000 KRW.
Over the past five days, individual investors have net sold 984,217 shares of LG Electronics, while foreign investors and institutions have net bought 25,452 shares and 848,452 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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