KB Financial Group Inc. (KB) Hits New 12-Month High at $35.48
KB Financial Group Inc. (NYSE:KB)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $35.48 and last traded at $35.32, with a volume of 74,900 shares traded. The stock had previously closed at $35.33.
KB has been the topic of several recent analyst reports. Citigroup Inc. upgraded KB Financial Group from a “neutral” rating to a “buy” rating in a research report on Thursday, July 21st. Zacks Investment Research upgraded KB Financial Group from a “hold” rating to a “strong-buy” rating and set a $36.00 target price on the stock in a research report on Friday, July 22nd. Finally, TheStreet upgraded KB Financial Group from a “hold” rating to a “buy” rating in a research report on Wednesday, August 17th.
The company has a 50 day moving average of $32.82 and a 200 day moving average of $29.31. The stock has a market cap of $13.32 billion and a price-to-earnings ratio of 8.11.
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