KB Financial Group Inc. (KB) Reaches New 1-Year High at $33.66
KB Financial Group Inc. (NYSE:KB) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $33.66 and last traded at $33.31, with a volume of 45,071 shares changing hands. The stock had previously closed at $32.68.
Several equities research analysts have recently issued reports on the company. Zacks Investment Research upgraded KB Financial Group from a “hold” rating to a “strong-buy” rating and set a $36.00 price target for the company in a report on Friday, July 22nd. Citigroup Inc. upgraded KB Financial Group from a “neutral” rating to a “buy” rating in a report on Thursday, July 21st.
The firm has a 50 day moving average of $29.68 and a 200-day moving average of $27.90. The company has a market capitalization of $12.74 billion and a PE ratio of 7.49.
A hedge fund recently bought a new stake in KB Financial Group stock. GAM Holding AG acquired a new position in shares of KB Financial Group Inc. (NYSE:KB) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,400 shares of the company’s stock, valued at approximately $1,070,000.
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