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

A number of equities analysts have commented on KEP shares. HSBC Holdings plc upgraded shares of Korea Electric Power Corporation from a “hold” rating to a “buy” rating in a report on Monday, July 31st. Bank of America Corporation upgraded shares of Korea Electric Power Corporation from a “neutral” rating to a “buy” rating in a report on Wednesday, July 5th. BidaskClub upgraded shares of Korea Electric Power Corporation from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. Instinet downgraded shares of Korea Electric Power Corporation from a “buy” rating to a “neutral” rating in a report on Monday, September 18th. Finally, Nomura reiterated a “neutral” rating on shares of Korea Electric Power Corporation in a report on Monday, September 18th.

Shares of Korea Electric Power Corporation (NYSE KEP) traded up 0.94% during mid-day trading on Friday, reaching $18.22. 322,236 shares of the company traded hands. The firm has a 50 day moving average of $17.51 and a 200-day moving average of $18.83. Korea Electric Power Corporation has a 52 week low of $16.51 and a 52 week high of $23.03. The stock has a market capitalization of $23.39 billion, a PE ratio of 6.06 and a beta of 0.47.

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Several hedge funds have recently modified their holdings of the company. Silchester International Investors LLP grew its stake in shares of Korea Electric Power Corporation by 11.8% during the second quarter. Silchester International Investors LLP now owns 28,979,640 shares of the utilities provider’s stock worth $520,764,000 after acquiring an additional 3,050,535 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Korea Electric Power Corporation by 2.7% during the second quarter. Vanguard Group Inc. now owns 2,191,436 shares of the utilities provider’s stock worth $39,380,000 after acquiring an additional 57,474 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Korea Electric Power Corporation by 45.2% during the first quarter. Bank of America Corp DE now owns 1,681,491 shares of the utilities provider’s stock worth $34,857,000 after acquiring an additional 523,129 shares during the last quarter. Orbis Allan Gray Ltd grew its stake in shares of Korea Electric Power Corporation by 22.4% during the second quarter. Orbis Allan Gray Ltd now owns 1,340,408 shares of the utilities provider’s stock worth $24,087,000 after acquiring an additional 245,550 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Korea Electric Power Corporation by 6.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,044,366 shares of the utilities provider’s stock worth $18,758,000 after acquiring an additional 61,761 shares during the last quarter. Institutional investors and hedge funds own 4.47% of the company’s stock.

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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