As of 2:31 PM on the 27th, Hyundai Motor Company is trading at 246,000 KRW, down 2.19% from the previous day. The trading volume is 1,745,547 shares, which is 95.99% of the previous day's volume. Hyundai Motor Company is known as the number one automaker in South Korea.
On January 26, Kwon Soon-woo, a researcher at SK Securities, stated, "The automotive sector is expected to see limited profitability growth compared to previous expectations due to conservative sales plans in preparation for uncertainties, unfavorable exchange rates, increased marketing and sales warranty-related costs, and an unfavorable mix caused by the expansion of electric vehicles. However, it is also important to consider the rapid performance improvement in the financial sector, driven by the rise in used car residual values and an increase in installment assets. As volatility in earnings forecasts is expected to decrease for the time being, sales of Ioniq and Genesis, which can affect valuation, will be important." He set Hyundai Motor Company's target price at 300,000 KRW.
Over the past five days, individual investors have net purchased 1,062,865 shares of Hyundai Motor Company, while foreign investors and institutions have net sold 192,355 shares and 987,407 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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