As of 10:30 AM on the 23rd, LG Chem is trading at 641,000 KRW, up 0.31% from the previous day. The trading volume is 156,292 shares, which is about 30.62% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.


On October 22, analyst Jeong Yong-jin of Shinhan Financial Investment stated, "The stock sentiment was hesitant due to divided opinions regarding the extraordinary general meeting scheduled for October 30 concerning the physical division. Through this strong performance in the third quarter, 1) the value of the petrochemical and other business units was enhanced, and 2) the rationale for securing investment funds for the growth of the battery business was reaffirmed. Aggressive investments are expected to continue to achieve the battery division's sales target of 30 trillion KRW by 2024." He set LG Chem's target price at 950,000 KRW.


Over the past five days, individual investors have net sold 78,915 shares of LG Chem, while foreigners and institutions have net bought 167,215 shares and net sold 100,314 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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