As of 2:30 PM on the 14th, LG Chem is trading at 628,000 KRW, down 2.48% from the previous day. The trading volume is 603,899 shares, which is 90.11% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.


On October 13, Hwang Yoo-sik, a researcher at NH Investment & Securities, estimated, "Operating profit for Q4 is expected to be 811.2 billion KRW (turning positive year-on-year, -10.1% quarter-on-quarter). Demand for petrochemical products such as ABS remains solid, maintaining high spreads. However, due to seasonal factors causing a decrease in year-end demand, petrochemical operating profit is expected to decline slightly. Palmhanong and life sciences are also expected to see a decrease in Q4 operating profit due to seasonal effects. In the battery sector, operating performance is estimated to increase slightly due to increased shipments of batteries for ESS and EVs." He set LG Chem's target price at 850,000 KRW.


Over the past five days, individual investors have net sold 115,350 shares of LG Chem, while foreigners and institutions have net bought 351,575 shares and net sold 235,677 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automated 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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