SK Innovation, Stock Price +10.25% at This Time... Foreigners Net Sell 103,077 Shares in Last 5 Days

As of 10:30 AM on the 11th, SK Innovation is trading at 312,000 KRW, up 10.25% from the previous day. The trading volume is 1,651,320 shares, which is about 49.08% of the previous day's volume. SK Innovation is known as a mid-tier holding company within the SK Group.

On January 7, analyst Cho Hyun-ryeol of Samsung Securities stated, "The company's stock price surged 35% over the past three days, driven by the full-scale reflection of value in the battery business. The battery business value embedded in the company's stock price is currently estimated at 6 trillion KRW. Considering that it is expected to grow to 30% of LG Chem's scale in 2022, it is still judged to be undervalued. Taking into account three positive factors expected this year (elimination of litigation risk, listing of the battery materials subsidiary, and significant improvement in battery profitability), the target price has been raised. We maintain a Top-pick rating within the sector." He set SK Innovation's target price at 320,000 KRW.

Over the past five days, individual investors have net purchased 63,666 shares of SK Innovation, while foreign investors and institutions have net sold 103,077 shares and 7,745 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.