Coway is trading at 66,900 KRW as of 12:30 PM on the 25th, up 0.45% from the previous day. The trading volume is 147,744 shares, which is 55.72% of the previous day's volume. Coway is known as a specialized company in environmental home appliances such as water purifiers, air purifiers, and bidets.
On February 22, Shin-ae Park, a researcher at KB Securities, stated, "Coway presented a somewhat conservative 2021 operating profit guidance (+0.6% YoY), which is presumed to be aimed at strengthening market dominance by increasing marketing expenses and IT-related investments. Considering the high growth of overseas sales and stable cash-generating ability, the stock is still judged to be undervalued (the current stock price corresponds to a 2021E P/E ratio of about 11)." She set Coway's target price at 93,000 KRW.
Over the past five days, individual investors have net purchased 615,774 shares of Coway, while foreigners and institutions have net sold 580,386 shares and 41,302 shares, respectively.
※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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