LG Chem, Stock Price +0.96% at This Time... Foreigners Net Buy 422,100 Shares in Last 5 Days

As of 11:30 AM on the 12th, LG Chem is trading at 948,000 KRW, up 0.96% from the previous day. The trading volume is 147,889 shares, which is about 24.74% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On March 12, Kang Dong-jin, a researcher at Hyundai Motor Securities, stated, "1Q21 earnings are expected to be an earnings surprise significantly exceeding consensus. There is a high possibility of additional expansions in the US and Europe. In particular, global market share expansion is expected through increased market share in the US. The recent ITC lawsuit result is an important milestone certifying technological capability. The company's position in the battery industry is expected to be further strengthened. Profit growth continues due to strong performance in the advanced materials business EP, increased cathode material shipments, and favorable LCD market conditions. Recently, with the acceleration of EV expansion strategies, companies like VW and GM have hit record highs. As the main battery supplier, the company should not be overlooked." He set LG Chem's target price at 1,400,000 KRW.

Over the past five days, individual investors have net sold 391,201 shares of LG Chem, while foreigners and institutions have net bought 420,210 shares and net sold 8,348 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.