Korea Electric Power Corporation (NYSE:KEP) has been given an average recommendation of “Hold” by the nine brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company.

Several brokerages recently commented on KEP. BidaskClub raised shares of Korea Electric Power Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Goldman Sachs Group, Inc. (The) downgraded shares of Korea Electric Power Corporation from a “neutral” rating to a “sell” rating in a research note on Tuesday, September 26th. raised shares of Korea Electric Power Corporation from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Morgan Stanley downgraded shares of Korea Electric Power Corporation from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, November 8th. Finally, Instinet downgraded shares of Korea Electric Power Corporation from a “buy” rating to a “neutral” rating in a research note on Monday, September 18th.

Institutional investors have recently modified their holdings of the business. Virtu KCG Holdings LLC purchased a new position in Korea Electric Power Corporation during the 2nd quarter valued at $256,000. Silchester International Investors LLP increased its position in Korea Electric Power Corporation by 11.8% during the 2nd quarter. Silchester International Investors LLP now owns 28,979,640 shares of the utilities provider’s stock valued at $520,764,000 after purchasing an additional 3,050,535 shares during the period. PNC Financial Services Group Inc. increased its position in Korea Electric Power Corporation by 21.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 10,322 shares of the utilities provider’s stock valued at $215,000 after purchasing an additional 1,825 shares during the period. Renaissance Group LLC increased its position in Korea Electric Power Corporation by 9.5% during the 2nd quarter. Renaissance Group LLC now owns 667,364 shares of the utilities provider’s stock valued at $11,993,000 after purchasing an additional 57,678 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its position in Korea Electric Power Corporation by 30.2% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 102,950 shares of the utilities provider’s stock valued at $1,850,000 after purchasing an additional 23,851 shares during the period. 4.68% of the stock is currently owned by institutional investors and hedge funds.

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Shares of Korea Electric Power Corporation (NYSE:KEP) traded up $0.03 during midday trading on Thursday, hitting $17.35. 175,530 shares of the company traded hands, compared to its average volume of 369,751. The company has a current ratio of 0.77, a quick ratio of 0.53 and a debt-to-equity ratio of 0.64. Korea Electric Power Corporation has a 12 month low of $16.51 and a 12 month high of $21.59. The stock has a market capitalization of $22,276.15, a P/E ratio of 4.44, a price-to-earnings-growth ratio of 1.18 and a beta of 0.51.

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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