Korea Electric Power Corporation (NYSE:KEP) has been given an average recommendation of “Hold” by the nine ratings firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have given a buy recommendation to the company.

Several research analysts have recently commented on KEP shares. Goldman Sachs Group downgraded Korea Electric Power from a “neutral” rating to a “sell” rating in a research note on Tuesday, September 26th. Morgan Stanley downgraded Korea Electric Power from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, November 8th. Instinet downgraded Korea Electric Power from a “buy” rating to a “neutral” rating in a research note on Monday, September 18th. Nomura restated a “neutral” rating on shares of Korea Electric Power in a research note on Monday, September 18th. Finally, BidaskClub upgraded Korea Electric Power from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th.

Large investors have recently added to or reduced their stakes in the company. Virtu KCG Holdings LLC acquired a new position in shares of Korea Electric Power during the 2nd quarter worth $256,000. Silchester International Investors LLP raised its holdings in shares of Korea Electric Power by 11.8% during the 2nd quarter. Silchester International Investors LLP now owns 28,979,640 shares of the utilities provider’s stock worth $520,764,000 after buying an additional 3,050,535 shares in the last quarter. Renaissance Group LLC raised its holdings in shares of Korea Electric Power by 9.5% during the 2nd quarter. Renaissance Group LLC now owns 667,364 shares of the utilities provider’s stock worth $11,993,000 after buying an additional 57,678 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Korea Electric Power by 30.2% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 102,950 shares of the utilities provider’s stock worth $1,850,000 after buying an additional 23,851 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Korea Electric Power by 48.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 203,398 shares of the utilities provider’s stock worth $3,655,000 after buying an additional 66,775 shares in the last quarter. Hedge funds and other institutional investors own 4.78% of the company’s stock.

Shares of Korea Electric Power (NYSE:KEP) traded up $0.33 during midday trading on Monday, hitting $18.07. The stock had a trading volume of 555,985 shares, compared to its average volume of 534,305. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.77 and a quick ratio of 0.53. Korea Electric Power has a one year low of $16.51 and a one year high of $21.59. The company has a market cap of $22,455.90, a P/E ratio of 5.72, a P/E/G ratio of 1.19 and a beta of 0.50.

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Korea Electric Power 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.

Analyst Recommendations for Korea Electric Power (NYSE:KEP)

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