Samsung SDI, Stock Down 1.22% at This Hour... 'Let's Ride the Electric Vehicle Wave'

As of 9:30 AM on the 3rd, Samsung SDI is trading at 365,500 KRW, down 1.22% from the previous day. The trading volume is 267,625 shares, which is about 38.87% of the previous day's volume. Samsung SDI is known as a total solutions company in materials and energy.

On June 2nd, Soh Hyun-chul, a researcher at Shinhan Financial Investment, announced a target price of 450,000 KRW for Samsung SDI, stating, "3Q20F automotive battery division is expected to return to profitability. Establishing global automotive battery production lines will be a future growth driver. It is effective to focus on future growth drivers rather than valuation pressure due to recent stock price surge. Among Samsung Electronics affiliates, it is expected to record the highest sales growth. The IT transformation of automobiles is the trend."

Over the past five days, individual investors have net purchased 712,170 shares of Samsung SDI, while foreigners and institutions have net sold 608,887 shares and 91,266 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.