[Featured Stock] Lotte Fine Chemical, 9 Consecutive Trading Days of Gains 'Another 52-Week High'

[Asia Economy Reporter Lee Seon-ae] Lotte Fine Chemical's stock price is showing strong performance.

As of 9:35 AM on the 15th, Lotte Fine Chemical's stock price is trading at 95,100 KRW, up 6.02% compared to the previous trading day. It surged to 96,000 KRW, setting a new 52-week high. The stock has been rising for nine consecutive trading days, continuing its streak of breaking 52-week highs.

On this day, Daishin Securities maintained a "Buy" rating and a target price of 120,000 KRW for Lotte Fine Chemical, calling it "the most undervalued promising hydrogen stock."

Han Sang-won, a researcher at Daishin Securities, said, "The target price was calculated by applying a price-to-book ratio (PBR) of 1.5 times to the 12-month expected book value per share (BPS). Despite the recent sharp rise in stock price, the 12-month price-to-earnings ratio (PER) remains only around 7 times."

Han emphasized, "Lotte Fine Chemical possesses various stock re-rating factors, and since the target price corresponds to only about 9 times PER, we recommend continuing active buying."