SK Hynix (000660) closed 62% below its record on November 9. Analysts' average target was 169% higher.

Key points SK Hynix closed 62% below its June record on November 9 SK Hynix's average analyst target is 169% above that close Individuals' net SK Hynix buys since June 23 were down an estimated $1.56 billion by October 28 On November 10, DS Investment & Securities (DS투자증권) kept its Buy rating and its target price of 2.64 million won ($1,967) on SK Hynix (000660), Hankyung (한국경제) reported. A target price is where an analyst thinks a stock should trade, usually within the next 12 months. DS's target is more than twice SK Hynix's November 9 close of 1,136,000 won ($846). The shares closed 62% below their record intraday high of 2,987,000 won ($2,226), which they reached on June 25. They lost 22.8% in the five trading days from November 3 to November 9 alone. DS's target is lower than most. Analysts at 21 brokerages have published targets for SK Hynix in the past three months, according to WISEreport data as of November 9.

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