Shares of Korea Electric Power Corporation (NYSE:KEP) have received a consensus recommendation of “Hold” from the nine brokerages that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company.

Several equities analysts recently issued reports on KEP shares. Credit Suisse Group lowered Korea Electric Power Corporation from an “outperform” rating to a “neutral” rating in a research note on Wednesday, May 10th. BidaskClub lowered Korea Electric Power Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, June 22nd. Bank of America Corporation raised Korea Electric Power Corporation from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 5th. Morgan Stanley raised Korea Electric Power Corporation from an “equal weight” rating to an “overweight” rating in a research note on Monday, July 10th. Finally, HSBC Holdings plc raised Korea Electric Power Corporation from a “hold” rating to a “buy” rating in a research note on Monday, July 31st.

Korea Electric Power Corporation (NYSE KEP) traded up 1.81% during mid-day trading on Tuesday, hitting $19.68. The company had a trading volume of 239,175 shares. The company has a market capitalization of $25.27 billion, a P/E ratio of 4.91 and a beta of 0.53. Korea Electric Power Corporation has a 52-week low of $17.36 and a 52-week high of $28.37. The company has a 50-day moving average price of $19.01 and a 200 day moving average price of $19.09.

A number of institutional investors have recently bought and sold shares of the company. State Street Corp raised its position in Korea Electric Power Corporation by 3.7% in the fourth quarter. State Street Corp now owns 196,670 shares of the utilities provider’s stock valued at $3,636,000 after buying an additional 7,101 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Korea Electric Power Corporation by 3.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 912,676 shares of the utilities provider’s stock valued at $16,879,000 after buying an additional 28,604 shares during the last quarter. Renaissance Technologies LLC purchased a new position in Korea Electric Power Corporation during the fourth quarter valued at about $491,000. Fulton Bank N.A. raised its position in Korea Electric Power Corporation by 3.0% in the first quarter. Fulton Bank N.A. now owns 17,479 shares of the utilities provider’s stock valued at $362,000 after buying an additional 502 shares during the last quarter. Finally, Creative Planning raised its position in Korea Electric Power Corporation by 218.5% in the first quarter. Creative Planning now owns 5,000 shares of the utilities provider’s stock valued at $104,000 after buying an additional 3,430 shares during the last quarter. 4.87% of the stock is currently owned by hedge funds and other institutional investors.

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About Korea Electric Power Corporation

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 Corporation (NYSE:KEP)

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