Shares of Samsung SDI rose to annual maximum
Manufacturer of rechargeable batteries, Samsung SDI today recorded the highest this year, the price per share, which amounted to 148,5 USD.
Analysts are extremely optimistic about the company’s results of operations in the current quarter. According to the forecast of specialists of Daeshin Securities, operating income should exceed $ 15 million, and the company’s stock should be worth from 150 to $ 180 by the end of the second quarter.
The company’s turnover for the second quarter, according to the company, is expected to grow by 13.5% to reach about 1.25 billion. This will contribute to a stable supply of batteries for Galaxy S8 Samsung Galaxy S8+.