Korea Electric Power Co. (KEP) Receives Consensus Rating of “Hold” from Analysts

Shares of Korea Electric Power Co. (NYSE:KEP) have been given an average recommendation of “Hold” by the eleven brokerages that are currently covering the firm, MarketBeat reports. Eight research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

A number of research firms have recently commented on KEP. Goldman Sachs Group raised shares of Korea Electric Power from a “sell” rating to a “neutral” rating in a report on Friday. HSBC downgraded shares of Korea Electric Power from a “buy” rating to a “hold” rating in a report on Tuesday, February 13th. Macquarie downgraded shares of Korea Electric Power from an “outperform” rating to a “neutral” rating in a report on Friday, February 2nd. Finally, Morgan Stanley downgraded shares of Korea Electric Power from an “overweight” rating to an “equal weight” rating in a report on Wednesday, November 8th.

A number of hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. lifted its holdings in Korea Electric Power by 0.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 10,351 shares of the utilities provider’s stock valued at $185,000 after purchasing an additional 29 shares during the last quarter. OLD National Bancorp IN lifted its holdings in Korea Electric Power by 24.0% during the 3rd quarter. OLD National Bancorp IN now owns 15,238 shares of the utilities provider’s stock valued at $255,000 after purchasing an additional 2,946 shares during the last quarter. Van ECK Associates Corp lifted its holdings in Korea Electric Power by 5.2% during the 3rd quarter. Van ECK Associates Corp now owns 79,642 shares of the utilities provider’s stock valued at $1,335,000 after purchasing an additional 3,967 shares during the last quarter. Hanson & Doremus Investment Management lifted its holdings in Korea Electric Power by 31.8% during the 4th quarter. Hanson & Doremus Investment Management now owns 18,425 shares of the utilities provider’s stock valued at $326,000 after purchasing an additional 4,445 shares during the last quarter. Finally, FDx Advisors Inc. lifted its holdings in Korea Electric Power by 22.6% during the 3rd quarter. FDx Advisors Inc. now owns 28,847 shares of the utilities provider’s stock valued at $483,000 after purchasing an additional 5,312 shares during the last quarter. 4.89% of the stock is owned by hedge funds and other institutional investors.

Korea Electric Power (NYSE KEP) traded up $0.28 during trading hours on Friday, hitting $15.50. 816,254 shares of the stock were exchanged, compared to its average volume of 530,426. The company has a market cap of $19,541.38, a P/E ratio of 5.07, a price-to-earnings-growth ratio of 1.00 and a beta of 0.37. Korea Electric Power has a one year low of $14.79 and a one year high of $21.59. The company has a quick ratio of 0.63, a current ratio of 0.92 and a debt-to-equity ratio of 0.63.

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Korea Electric Power Company Profile

Korea Electric Power Corporation (KEPCO) is an integrated electric utility company engaged in the transmission and distribution of electricity in the Republic of Korea. Its segments include transmission and distribution, nuclear power generation and thermal power generation and all others . The transmission and distribution segment, which is operated by KEPCO, comprise operations related to the transmission, distribution and sale to end-users of electricity.

Analyst Recommendations for Korea Electric Power (NYSE:KEP)

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