Korea Electric Power Corp. (NYSE:KEP) has been given an average broker rating score of 4.00 (Sell) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a sell rating.

Analysts have set a 1-year consensus price objective of $24.50 for the company, according to Zacks. Zacks has also assigned Korea Electric Power Corp. an industry rank of 169 out of 265 based on the ratings given to its competitors.

Several equities research analysts have recently weighed in on the stock. HSBC cut shares of Korea Electric Power Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, August 4th. Morgan Stanley cut shares of Korea Electric Power Corp. from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, June 21st. Finally, Zacks Investment Research upgraded shares of Korea Electric Power Corp. from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research report on Friday, June 3rd.

Shares of Korea Electric Power Corp. (NYSE:KEP) opened at 25.42 on Wednesday. Korea Electric Power Corp. has a 52-week low of $20.03 and a 52-week high of $28.37. The company has a market capitalization of $32.64 billion, a PE ratio of 2.45 and a beta of 1.05. The company has a 50-day moving average of $26.63 and a 200 day moving average of $25.87.

A number of large investors have recently bought and sold shares of KEP. Royal Bank of Canada boosted its stake in Korea Electric Power Corp. by 9.4% in the second quarter. Royal Bank of Canada now owns 37,713 shares of the company’s stock worth $978,000 after buying an additional 3,254 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its stake in Korea Electric Power Corp. by 11.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 210,300 shares of the company’s stock worth $5,454,000 after buying an additional 22,300 shares during the last quarter. Numeric Investors LLC boosted its stake in Korea Electric Power Corp. by 68.4% in the second quarter. Numeric Investors LLC now owns 2,203,388 shares of the company’s stock worth $57,134,000 after buying an additional 895,278 shares during the last quarter. Cubist Systematic Strategies LLC boosted its stake in Korea Electric Power Corp. by 171.2% in the second quarter. Cubist Systematic Strategies LLC now owns 54,022 shares of the company’s stock worth $1,401,000 after buying an additional 34,099 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky bought a new stake in Korea Electric Power Corp. during the second quarter worth approximately $2,811,000. Institutional investors and hedge funds own 4.99% of the company’s stock.

Korea Electric Power Corp. 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 purchased from its generation subsidiaries, as well as from independent power producers.

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