LG Chem, Stock Price -0.5% at This Time... 307,510 Shares Net Bought by Individuals in the Last 5 Days

As of 10:30 AM on the 29th, LG Chem is trading at 498,500 KRW, down 0.5% from the previous day. The trading volume is 160,172 shares, which is about 34.01% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.

On June 25, Lee Do-yeon, a researcher at Korea Investment & Securities, stated, "With increased orders, LG Chem's electric vehicle sales through its customers are expected to accelerate mainly in Europe starting this year. Through new electric vehicle sales, battery division sales in 2020 are projected to increase by more than 50% compared to the previous year. The ESS negative factors have also disappeared, and although slowly, the profitability of automotive batteries is undergoing a qualitative improvement process. Despite the COVID-19 challenges, performance improvement and future growth have been secured, so a buy recommendation is given." He set LG Chem's target price at 560,000 KRW.

Over the past five days, individual investors have net purchased 307,510 shares of LG Chem, while foreigners and institutions have net sold 172,236 shares and 120,197 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.