As of 9:30 AM on the 26th, LG Chem is trading at 788,000 KRW, the same price as the previous day. The trading volume is 69,465 shares, which is about 15.7% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.


On March 25, Kiwoom Securities researchers Dongwook Lee and Junsu Kwon stated, "Based on large-scale orders, the company's battery sales volume is expected to be limited in deterioration in the mid-term, and considering the Capex nature of the business, the first-mover advantage should be taken into account. For reference, the company has invested about 12 trillion KRW in Capex solely in the battery business over the past 10 years, excluding R&D costs, and an additional investment of 3 to 4 trillion KRW annually is expected going forward. Customer companies' internalization issues are inevitable. We believe that the investment returns for the company in the second quarter of this year will be the highest among major chemical companies." They set LG Chem's target price at 1,170,000 KRW.


Over the past five days, individual investors have net purchased 525,377 shares of LG Chem, while foreigners and institutions have net sold 498,895 shares and 32,048 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automatic 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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