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Analysts optimistic on Lg Innotek Co outlook

The Lg Innotek Co (KRX:11070) share price has risen by 16.7% over the past month and it’s currently trading at 152000. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Lg Innotek Co currently has:

  • 10 Buy recommendations
  • 3 Hold recommendations
  • 1 Sell recommendations

This suggests that analysts are generally positive about the outlook.

At its current price of 152000, shares in Lg Innotek Co are trading at a discount of -5.81% to its 52 week high price. The 1-year performance of the shares has been 62.4%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Lg Innotek Co it's worth doing some investigation yourself.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of LG Innotek Co it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with LG Innotek Co that you can find out about here.