Samsung SDI, "Let's Ride the Electric Vehicle Wave" Stock Price at 372,500 Won (1.78%)

As of 10:30 AM on the 4th, Samsung SDI is trading at 372,500 KRW, up 1.78% from the previous day. The trading volume is 393,854 shares, which is 41.44% of the previous day's volume. Samsung SDI is known as a total solutions company in materials and energy.

On June 2nd, Soh Hyun-chul, a researcher at Shinhan Financial Investment, announced a target price of 450,000 KRW for Samsung SDI, stating, "3Q20F automotive battery division is expected to turn profitable. Establishment of global automotive battery production lines -> future growth driver. A strategy focusing on future growth drivers rather than valuation pressure due to recent stock price surge is effective. It is expected to record the highest sales growth among Samsung Electronics affiliates. The IT transformation of automobiles is the trend."

Over the past five days, individual investors have net purchased 332,573 shares of Samsung SDI, while foreigners and institutions have net sold 197,269 shares and 145,353 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.