KT Co. Given Average Recommendation of “Hold” by Brokerages (NYSE:KT)
KT Co. (NYSE:KT) has earned an average recommendation of “Hold” from the eight brokerages that are covering the company, StockRatingsNetwork reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $17.03.
KT Co. (NYSE:KT) traded down 0.77% during mid-day trading on Monday, hitting $14.745. The stock had a trading volume of 65,221 shares. KT Co. has a one year low of $13.10 and a one year high of $17.37. The stock has a 50-day moving average of $14.94 and a 200-day moving average of $14.61. The company’s market cap is $7.190 billion.
A number of analysts have recently weighed in on KT shares. Analysts at Zacks downgraded shares of KT Co. from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 8th. They now have a $16.40 price target on the stock. Finally, analysts at Macquarie upgraded shares of KT Co. from a “neutral” rating to an “outperform” rating in a research note on Friday, May 16th.
KT Corporation is a Korea-based company engaged in the provision of integrated telecommunications services.
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