LG Chem, Stock Price -2.15% at This Time... '2H20 Outlook - A Company with Clear Alpha Beyond Core Business'

As of 12:30 PM on the 28th, LG Chem is trading at 387,000 KRW, down 2.15% from the previous day. The trading volume is 480,281 shares, which is about 77.78% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.

On May 25, Hyun-ryeol Cho, a researcher at Samsung Securities, stated, "The company's guidance downgrade this year due to COVID-19 is expected to mostly come from automotive batteries. Therefore, small batteries are expected to be more resilient than anticipated due to new shipments of cylindrical batteries for EVs. Recently, the possibility of Europe announcing electric vehicle stimulus measures has increased, and VW's ID.3, which was expected to be delayed, is scheduled for release starting in June. The chemical business is also expected to benefit from an oversupply of raw material BD, which will last longer than the naphtha price decline benefits for NCC companies." He set LG Chem's target price at 480,000 KRW.

Over the past five days, individual investors have net sold 637,839 shares of LG Chem, while foreigners and institutions have net bought 272,625 shares and 371,852 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.