As of 2:30 PM on the 21st, Samsung SDI is trading at 448,000 KRW, down 1.1% from the previous day. The trading volume is 332,170 shares, which is 85.13% of the previous day's volume. Samsung SDI is known as a total solutions company in materials and energy.
On September 17, Kwon Seong-ryul, a researcher at DB Financial Investment, stated, "With the expansion of customers and applied models for EV (Electric Vehicle) batteries and increased overseas sales of ESS batteries, 2020 will be the first year when annual sales of medium-to-large batteries surpass small batteries. Also, in 4Q20, profits will be generated for the first time from medium-to-large batteries. Due to the expansion of European electric vehicle support policies, sales of EV batteries in the second half of the year are expected to increase by more than 50% compared to the first half. ESS sales, especially in 4Q20, will surge as overseas orders from the first half are reflected in 4Q20 sales, recovering to past normal ESS levels." He set Samsung SDI's target price at 520,000 KRW.
Over the past five days, individual investors have net sold 88,138 shares of Samsung SDI, while foreigners and institutions have net sold 45,182 shares and net bought 127,430 shares, respectively.
※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an article automation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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