LG Chem, 'Still a Place to Rely On: LG Chem' Stock Price 376,000 KRW (-0.4%)

As of 10:31 AM on the 22nd, LG Chem is trading at 376,000 KRW, down 0.4% from the previous day. The trading volume is 211,940 shares, which is about 20.61% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.

On May 21, Son Ji-woo, a researcher at SK Securities, stated, "The value of electric vehicle batteries, which explains a large part of the company's corporate value, is still considered high. However, global electric vehicle sales are sluggish due to China's complete subsidy cuts and COVID-19, and Japan's start of mass production of new solid-state batteries centered on Toyota is a cause for concern. In the short term, it is necessary to observe the situation rather than reflecting a high value on the batteries." He set LG Chem's target price at 350,000 KRW.

Over the past five days, individual investors have net sold 562,461 shares of LG Chem, while foreigners and institutions have net bought 218,747 shares and 347,552 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.

This content was produced with the assistance of AI translation services.