Instinet lowered shares of Korea Electric Power Corporation (NYSE:KEP) from a buy rating to a neutral rating in a report published on Monday.

Several other equities analysts also recently commented on KEP. Nomura reissued a neutral rating on shares of Korea Electric Power Corporation in a research note on Monday. BidaskClub raised shares of Korea Electric Power Corporation from a sell rating to a hold rating in a research note on Saturday, August 19th. HSBC Holdings plc 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 raised shares of Korea Electric Power Corporation from an equal weight rating to an overweight rating in a research note on Monday, July 10th. Finally, Bank of America Corporation raised shares of Korea Electric Power Corporation from a neutral rating to a buy rating in a research note on Wednesday, July 5th. Seven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Korea Electric Power Corporation currently has an average rating of Hold and an average target price of $25.00.

Shares of Korea Electric Power Corporation (NYSE:KEP) opened at 17.50 on Monday. The firm has a market cap of $22.47 billion, a price-to-earnings ratio of 5.74 and a beta of 0.55. The company has a 50 day moving average of $19.02 and a 200-day moving average of $19.24. Korea Electric Power Corporation has a one year low of $17.36 and a one year high of $27.12.

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Several hedge funds have recently added to or reduced their stakes in KEP. Silchester International Investors LLP raised its stake in shares of Korea Electric Power Corporation by 11.8% during the second quarter. Silchester International Investors LLP now owns 28,979,640 shares of the utilities provider’s stock valued at $520,764,000 after acquiring an additional 3,050,535 shares during the last quarter. UBS Group AG raised its stake in shares of Korea Electric Power Corporation by 216.2% during the first quarter. UBS Group AG now owns 1,471,363 shares of the utilities provider’s stock valued at $30,502,000 after acquiring an additional 1,005,964 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Korea Electric Power Corporation by 45.2% during the first quarter. Bank of America Corp DE now owns 1,681,491 shares of the utilities provider’s stock valued at $34,857,000 after acquiring an additional 523,129 shares during the last quarter. Donald Smith & CO. Inc. raised its stake in shares of Korea Electric Power Corporation by 12.9% during the first quarter. Donald Smith & CO. Inc. now owns 4,513,765 shares of the utilities provider’s stock valued at $93,570,000 after acquiring an additional 514,994 shares during the last quarter. Finally, Capstone Asset Management Co. raised its stake in shares of Korea Electric Power Corporation by 355.1% during the second quarter. Capstone Asset Management Co. now owns 403,465 shares of the utilities provider’s stock valued at $7,250,000 after acquiring an additional 314,816 shares during the last quarter. 4.47% of the stock is owned by hedge funds and other institutional investors.

Korea Electric Power Corporation 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 Corporation (NYSE:KEP)

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