Korea Electric Power Corp Sets New 52-Week High at $20.61 (KEP)
Korea Electric Power Corp (NYSE:KEP)’s share price hit a new 52-week high during mid-day trading on Wednesday , Analyst Ratings Network reports. The stock traded as high as $20.61 and last traded at $20.51, with a volume of 88,174 shares traded. The stock had previously closed at $19.95.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Korea Electric Power Corp in a research note on Thursday, July 3rd. They now have a $20.00 price target on the stock. Analysts at Credit Suisse downgraded shares of Korea Electric Power Corp from an “outperform” rating to a “neutral” rating in a research note on Monday, May 12th. They noted that the move was a valuation call.
The stock’s 50-day moving average is $18.82 and its 200-day moving average is $18.28. The company has a market cap of $25.582 billion and a price-to-earnings ratio of 55.73.
Korea Electric Power Corporation is a Korea-based company engaged in the generation, transmission and distribution of electricity and development of electric power resources in the Republic of Korea.
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