Shares of Posco (NYSE:PKX) have earned an average rating of “Hold” from the eight analysts that are covering the company. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company.

A number of analysts have recently weighed in on the stock. Credit Agricole SA upgraded shares of Posco from a “sell” rating to an “underperform” rating in a report on Monday, June 27th. Macquarie upgraded shares of Posco from a “neutral” rating to an “outperform” rating in a report on Thursday, July 21st. Finally, Zacks Investment Research upgraded shares of Posco from a “sell” rating to a “hold” rating in a report on Tuesday, September 20th.

Hedge funds have recently modified their holdings of the company. Ngam Advisors L.P. raised its stake in shares of Posco by 11.0% in the first quarter. Ngam Advisors L.P. now owns 22,205 shares of the company’s stock valued at $1,051,000 after buying an additional 2,195 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Posco by 1,250.8% in the first quarter. JPMorgan Chase & Co. now owns 71,402 shares of the company’s stock valued at $3,379,000 after buying an additional 66,116 shares during the period. Willis Investment Counsel raised its stake in shares of Posco by 0.5% in the first quarter. Willis Investment Counsel now owns 46,470 shares of the company’s stock valued at $2,199,000 after buying an additional 220 shares during the period. UBS Group AG raised its stake in shares of Posco by 137.4% in the first quarter. UBS Group AG now owns 519,273 shares of the company’s stock valued at $24,577,000 after buying an additional 300,525 shares during the period. Finally, OLD Mission Capital LLC bought a new stake in shares of Posco during the first quarter valued at approximately $944,000. Institutional investors and hedge funds own 6.09% of the company’s stock.

Posco (NYSE:PKX) opened at 51.06 on Friday. Posco has a 1-year low of $30.97 and a 1-year high of $55.60. The company has a market cap of $16.33 billion, a price-to-earnings ratio of 75.95 and a beta of 1.15. The firm’s 50-day moving average price is $50.76 and its 200-day moving average price is $48.31.

About Posco

POSCO is an integrated steel producer. The Company operates in four segments: steel segment, trading segment, construction segment and others segment. The steel segment includes production of steel products and sale of such products. The trading segment consists of global trading activities of Daewoo International, exporting and importing a range of steel products that are both obtained from and supplied to POSCO, as well as between other suppliers and purchasers in Korea and overseas.

5 Day Chart for NYSE:PKX

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