LG Chem, Stock Price +2.44% at This Time... Foreigners Net Buy 344,682 Shares in Last 5 Days

As of 9:30 AM on the 15th, LG Chem is trading at 967,000 KRW, up 2.44% from the previous day. The trading volume is 99,600 shares, which is 39.39% 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, forecasted an earnings surprise for 1Q21 that significantly exceeds consensus. There is a high possibility of additional expansions in the US and Europe. In particular, global market share is expected to expand through increased market share in the US. The recent ITC lawsuit result is an important milestone certifying technological capability. LG Chem’s position in the battery industry is expected to strengthen further. Profit growth continues due to strong performance in the advanced materials business EP, increased shipments of cathode materials, and favorable LCD market conditions. Recently, with the acceleration of EV expansion strategies, companies like VW and GM have recorded all-time highs. It is judged that LG Chem, the main battery supplier, 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 277,421 shares of LG Chem, while foreigners and institutions have net bought 344,682 shares and net sold 48,578 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an article auto-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.