KB Financial Group Inc. (KB) Shares Gap Down to $33.32
KB Financial Group Inc. (NYSE:KB) shares gapped down prior to trading on Tuesday . The stock had previously closed at $33.06, but opened at $33.32. KB Financial Group shares last traded at $34.01, with a volume of 78,833 shares changing hands.
Several research analysts have commented on KB shares. Citigroup Inc. raised shares of KB Financial Group from a “neutral” rating to a “buy” rating in a report on Thursday, July 21st. Zacks Investment Research raised shares of 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.
The company’s 50-day moving average is $29.96 and its 200 day moving average is $28.10. The stock has a market capitalization of $13.06 billion and a PE ratio of 7.70.
A hedge fund recently bought a new stake in KB Financial Group stock. GAM Holding AG bought a new position in shares of KB Financial Group Inc. (NYSE:KB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 38,400 shares of the company’s stock, valued at approximately $1,070,000.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.