Shares of Korea Electric Power Co. (NYSE:KEP) have been assigned an average recommendation of “Hold” from the seven research firms that are currently covering the firm. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

A number of research analysts have recently commented on the stock. Credit Suisse Group AG cut shares of Korea Electric Power from an “outperform” rating to a “neutral” rating in a report on Wednesday, May 10th. Citigroup Inc raised shares of Korea Electric Power from a “neutral” rating to a “buy” rating in a report on Monday, March 20th. Finally, HSBC Holdings plc cut shares of Korea Electric Power from a “buy” rating to a “hold” rating in a report on Tuesday, February 7th.

COPYRIGHT VIOLATION WARNING: “Korea Electric Power Co. (KEP) Receives Average Recommendation of “Hold” from Brokerages” was originally published by American Banking News and is the property of of American Banking News. If you are reading this news story on another publication, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/05/23/korea-electric-power-co-kep-receives-average-recommendation-of-hold-from-brokerages.html.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Silchester International Investors LLP boosted its position in Korea Electric Power by 22.2% in the fourth quarter. Silchester International Investors LLP now owns 24,501,599 shares of the utilities provider’s stock worth $452,790,000 after buying an additional 4,456,964 shares during the period. Comerica Bank boosted its position in Korea Electric Power by 12.6% in the fourth quarter. Comerica Bank now owns 72,882 shares of the utilities provider’s stock worth $1,366,000 after buying an additional 8,129 shares during the period. Russell Investments Group Ltd. bought a new position in Korea Electric Power during the fourth quarter worth approximately $10,759,000. Crow Point Partners LLC bought a new position in Korea Electric Power during the third quarter worth approximately $267,000. Finally, Nuveen Fund Advisors LLC bought a new position in Korea Electric Power during the third quarter worth approximately $225,000. 4.50% of the stock is owned by hedge funds and other institutional investors.

Shares of Korea Electric Power (NYSE:KEP) traded up 1.03% during trading on Tuesday, hitting $18.59. 538,996 shares of the company’s stock were exchanged. The stock has a market cap of $23.88 billion, a PE ratio of 4.68 and a beta of 0.46. The stock’s 50-day moving average price is $19.52 and its 200-day moving average price is $19.21. Korea Electric Power has a 1-year low of $17.36 and a 1-year high of $28.37.

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.

12 Month Chart for NYSE:KEP

Receive News & Ratings for Korea Electric Power Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Korea Electric Power Co. and related companies with MarketBeat.com's FREE daily email newsletter.