[Featured Stock] "Expectations for New Business and Value-Up"... LG Electronics Up 4.02%

LG Electronics' stock price is on the rise as attention focuses on its mid- to long-term new businesses and value-up initiatives. As of 9:16 a.m. on the 19th, LG Electronics was trading at 108,600 KRW, up 4,200 KRW (4.02%) from the previous trading day.

On the same day, NH Investment & Securities maintained its "buy" rating and target price of 150,000 KRW for LG Electronics, stating, "Considering mid- to long-term growth potential and attractive valuation (stock price relative to corporate value), we continue to view it as the top preferred stock in the sector."

Lee Kyu-ha, a researcher at NH Investment & Securities, said, "Following a recent Asia Non-Deal Roadshow (NDR) with LG Electronics, we felt that investors who previously focused their inquiries on home appliances and TV demand are now showing great interest in new businesses such as home appliance subscriptions, Web OS, and air conditioning," adding, "Regarding value-up, they mentioned, 'A new shareholder return policy will be announced in the second half of the year. Various possible options are currently under review.'"

Additionally, the researcher conveyed, "There were many questions about the IPO of the India subsidiary, and they said, 'Considering the growth potential of the Indian market and the positive financial market environment, the possibility remains open.'"