LG Electronics, Stock Price +0.56% at This Hour... Institutional Investors Net Buy of 845,154 Shares in Last 5 Days

As of 2:30 PM on the 25th, LG Electronics is trading at 178,500 KRW, up 0.56% from the previous day. The trading volume is 2,254,322 shares, which is about 32.57% 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, Kiwoom Securities researcher Kim Ji-san stated, "LG Electronics has abruptly mentioned the possibility of withdrawing from the smartphone business. This is news that investors have been waiting for since 2015, and it is a very welcome issue as it could eliminate the chronic smartphone risk factor that has been damaging corporate value. From a corporate value perspective, selling the business division could be the best option, and evaluations of goodwill and patent value will be added. From the perspective of LG Electronics investors, 'resolving the smartphone risk and the turnaround of electric vehicle parts' is the most ideal scenario." He set LG Electronics' target price at 220,000 KRW.

Over the past five days, individual investors have net sold 784,245 shares of LG Electronics, while foreigners and institutions have net sold 225,518 shares and net bought 845,154 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.