LG Electronics showed firm will to reorganize its business unit. Highlights Investment Appeal (SK Securities)
LG Electronics showed firm will to reorganize its business unit. Highlights Investment Appeal (SK Securities)
  • 이지선 기자
  • 승인 2021.03.03 14:21
  • 최종수정 2021.03.03 14:18
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This article is translated by AI company Flitto and Infostock Daily using neural machine translation technology. 

 

사진=LG전자 제공
사진=LG전자 제공

[Infostock Daily=Reporter Lee Ji-sun] SK Securities maintained a 'Buy' rating for LG Electronics and price target to 200,000 won.

In Q1 of 2021, LG Electronics recored sales of 17.1553 trillion won (QoQ -8.7%, YoY +16.5%) and operating profit of 1 trillion won (QoQ +53.9%, YoY -8.2%).

Fundamentals are remain strong.  Directions for the MC sector are expected to be finalized in the first half of the year. With concerns on delay of MC reorganization, shares moved down recently. 

Recently stock tumbled becasue of concerns on delay of MC reorganization and the share price is attractive enough to take a Buy position.

Reporter Lee Ji-sun stockmk2020@gmail.com
 
 


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