LG Chem, Stock Price -0.31% at This Time... 372,630 Shares Sold Net by Individuals in the Last 5 Days

As of 10:33 AM on the 18th, LG Chem is trading at 490,000 KRW, down 0.31% from the previous day. The trading volume is 222,553 shares, which is about 17.04% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On June 17, analyst Hwang Kyu-won of Yuanta Securities reassessed the expansion (growth potential) of the battery market in Europe starting in the second half of 2020 and the improvement in profitability. There are three assumptions for re-evaluating LG Chem's battery value: ① The global battery market size is expected to have decreased by 15% in 2020 due to COVID-19, then double every three years, increasing ninefold by 2030 (electric vehicle sales capacity from 130GW in 2020 to 1,755GW in 2030). ② LG Chem can maintain an average battery market share of 26%. ③ If there are no yield issues, LG Chem's battery average operating profit margin will stabilize at 5 to 6%. Based on this, the target price for LG Chem was set at 640,000 KRW.

Over the past five days, individual investors have net sold 370,263 shares of LG Chem, while foreigners and institutions have net bought 278,478 shares and 82,205 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and financial AI specialist Thinkpool.

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