As of 12:30 PM on the 13th, SK Innovation is trading at 282,500 KRW, down 0.7% from the previous day. The trading volume is 1,097,591 shares, which is 46.99% of the previous day's volume. SK Innovation is known as a mid-tier holding company within the SK Group.


On January 11, analyst Anna Lee from Ebest Investment & Securities stated, "The factors that have relatively suppressed SK Innovation's stock price compared to other battery companies throughout 2020 were litigation, financial issues, and uncertainties in the refining sector. First, the lawsuit with LG Energy Solution is scheduled to have a result on February 10. However, even if SK Innovation loses, the Biden administration emphasizes an eco-friendly policy and job creation through it, making the possibility of a veto high. On the financial side, more than 4 trillion KRW in cash inflows are expected through the SKIET IPO, sale of lubricant business shares, E&P business securitization, and green bond issuance." She set SK Innovation's target price at 330,000 KRW.


Over the past five days, individual investors have net purchased 920,774 shares of SK Innovation, while foreign investors and institutions have net sold 344,532 shares and 607,401 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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