As of 11:30 AM on the 3rd, SK Innovation is trading at 318,500 KRW, up 0.31% from the previous day. The trading volume is 1,138,460 shares, which is about 47.25% of the previous day's volume. SK Innovation is known as a mid-tier holding company within the SK Group.


On February 1st, analyst Hwang Kyu-won of Yuanta Securities stated, "Due to the global refining sector's supply-demand improvement effect, the expected 2021 performance is projected to recover with 'sales of 42.9 trillion KRW, operating profit of 861.3 billion KRW (operating margin 2.0%), and net income attributable to controlling shareholders of 882.9 billion KRW.' Additionally, reflecting the upward revision of the 2021 electric vehicle sales forecast (from 3.44 million units before adjustment to 4.4 million units after adjustment) and the mid-term market share forecast (from 10% previously to 12% after adjustment), the battery business value has been raised from 8.9 trillion KRW to 13.7 trillion KRW." He set SK Innovation's target price at 335,000 KRW.


Over the past five days, individual investors have net purchased 10,381 shares of SK Innovation, while foreigners and institutions have net sold 209,813 shares and net purchased 196,608 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


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