As of 12:30 PM on the 23rd, SK Innovation is trading at 204,500 KRW, the same price as the previous day. The trading volume is 463,899 shares, which is about 33.08% of the previous day's volume. SK Innovation is known as a mid-tier holding company within the SK Group.


On March 22, analyst Hyun-ryeol Cho from Samsung Securities stated, "The company is pursuing a strategy called Green Balance 2030, under which it is reducing fossil fuel businesses and expanding eco-friendly businesses. In the chemical sector, the focus is on establishing a plastic circular economy. They have announced entry into the plastic recycling market as a priority and are expected to enter the bioplastic market in the future. Notably, their approach of entering new markets through partnerships with global companies possessing relevant technologies aligns with recent global trends. A mid- to long-term valuation re-rating is expected due to the reduction of fossil fuel businesses and expansion of eco-friendly businesses." He set SK Innovation's target price at 290,000 KRW.


Over the past five days, individual investors have net purchased 1,042,374 shares of SK Innovation, while foreign and institutional investors have net sold 304,662 shares and 758,006 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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