Korea Electric Power Co. (NYSE:KEP) Receives Consensus Recommendation of “Hold” from Analysts

Korea Electric Power Co. (NYSE:KEPGet Rating) has earned an average recommendation of “Hold” from the seven research firms that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $10.00.

Separately, StockNews.com downgraded shares of Korea Electric Power from a “hold” rating to a “sell” rating in a research report on Tuesday, April 5th.

Shares of NYSE KEP traded down $0.16 during midday trading on Tuesday, reaching $8.70. 8,311 shares of the company were exchanged, compared to its average volume of 180,099. The company has a current ratio of 0.69, a quick ratio of 0.46 and a debt-to-equity ratio of 1.02. Korea Electric Power has a 1 year low of $8.30 and a 1 year high of $12.28. The stock has a fifty day simple moving average of $9.44 and a 200 day simple moving average of $9.33. The stock has a market cap of $11.17 billion, a P/E ratio of -2.44 and a beta of 0.82.

Korea Electric Power (NYSE:KEPGet Rating) last announced its quarterly earnings data on Monday, March 14th. The utilities provider reported ($2.41) earnings per share for the quarter. Korea Electric Power had a negative net margin of 8.55% and a negative return on equity of 7.42%. The business had revenue of $13.11 billion during the quarter.

Institutional investors and hedge funds have recently modified their holdings of the business. Veriti Management LLC grew its stake in shares of Korea Electric Power by 7.9% during the 1st quarter. Veriti Management LLC now owns 84,868 shares of the utilities provider’s stock valued at $790,000 after buying an additional 6,213 shares during the period. Goldman Sachs Group Inc. boosted its position in Korea Electric Power by 6.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 870,347 shares of the utilities provider’s stock valued at $7,955,000 after buying an additional 53,699 shares during the last quarter. West Family Investments Inc. acquired a new stake in shares of Korea Electric Power in the 4th quarter valued at about $92,000. Marshall Wace LLP acquired a new stake in Korea Electric Power during the fourth quarter worth about $101,000. Finally, D. E. Shaw & Co. Inc. bought a new position in Korea Electric Power in the 4th quarter worth about $178,000.

Korea Electric Power Company Profile (Get Rating)

Korea Electric Power Corporation, an integrated electric utility company, generates, transmits, and distributes electricity in South Korea and internationally. The company operates through Transmission and Distribution, Electric Power Generation (Nuclear), Electric Power Generation (Non-nuclear), Plant Maintenance & Engineering Service, and Others segments.

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