As of 10:30 AM on the 27th, LG Chem is trading at 635,000 KRW, down 1.7% from the previous day. The trading volume is 99,584 shares, which is about 37.97% of the previous day's volume. LG Chem is known as a company specializing in petrochemical products and electronic materials.
On October 22, Hyun-ryeol Cho, a researcher at Samsung Securities, forecasted, "4Q operating profit is expected to exceed consensus (729.5 billion KRW; +27%) at 930 billion KRW. Operating profit in the basic materials segment is expected to be 742 billion KRW (+3% QoQ). Despite scheduled maintenance of acrylic/SAP, the impact of major troubles at US chemical facilities is expected to continue until November. The battery segment is expected to achieve record-high performance again (operating profit 227 billion KRW / OPM 5.4%). The uncertainty until the point of determining responsibility for the Kona EV fire is negatively affecting investor sentiment more than the cost expenditure." He set LG Chem's target price at 860,000 KRW.
Over the past five days, individual investors have net sold 236,333 shares of LG Chem, while foreigners and institutions have net bought 312,458 shares and net sold 70,287 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.
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