As of 9:30 AM on the 7th, LG Chem is trading at 732,000 KRW, down 1.48% from the previous day. The trading volume is 141,163 shares, which is 18.55% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.


On September 4th, Jeonghyun Kim, a researcher at Kyobo Securities, stated, "Especially in the third quarter, the improvement in margins of the main downstream product ABS, combined with the recovery in the market conditions of general-purpose PE/PP, has lowered the overall valuation burden. Considering the recent stock price rise, many investors are likely already in the profit zone, but the beautiful harmony of a solid Cash Cow and Star should not be turned off. 1) Removal of Battery Day uncertainties 2) Litigation with competitors 3) Additional OEM orders, etc., are also valid short-term stock price factors. We present LG Chem as the Top Pick in the chemical sector." He set the target price for LG Chem at 1,000,000 KRW.


Over the past five days, individual investors have net purchased 474,765 shares of LG Chem, while foreigners and institutions have net sold 239,029 shares and 237,242 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.

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