As of 1:30 PM on the 11th, SK Innovation is trading at 186,500 KRW, up 0.27% from the previous day. The trading volume is 1,340,965 shares, which is about 39.11% of the previous day's volume. SK Innovation is known as a mid-tier holding company within the SK Group.

On August 7th, researcher Hwang Seong-hyun from Eugene Investment & Securities stated, "Battery production capacity is expected to expand from 20 GWh in 2020 to 71 GWh in 2023 and 100 GWh in 2025, showing the fastest external growth in the industry. Separator capacity is also expected to grow rapidly to 1.5 billion m2 by 2022, and operating profit is projected to increase from 200 billion KRW in 2020 to 350 billion KRW in 2022. Although net borrowings expanded to 8.8 trillion KRW as of 2Q20, raising concerns about the financial structure, these concerns are expected to ease with the listing of the separator business SKIET in the first half of 2021. Holding momentum from the battery patent lawsuit results against competitors expected in October and the SKIET listing, there is sufficient upside potential at the current stock price," and set SK Innovation's target price at 210,000 KRW.

Over the past five days, individual investors have net sold 272,906 shares of SK Innovation, while foreigners and institutions have net bought 47,048 shares and 207,471 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 the financial AI specialist company Thinkpool.



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

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