KB Financial Group Inc. (KB) Sets New 52-Week High at $33.66
KB Financial Group Inc. (NYSE:KB)’s share price reached a new 52-week high on Monday . The company traded as high as $33.66 and last traded at $33.31, with a volume of 45,071 shares trading hands. The stock had previously closed at $32.68.
A number of equities analysts have weighed in on the company. Citigroup Inc. upgraded KB Financial Group from a “neutral” rating to a “buy” rating in a research note 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 price objective for the company in a research note on Friday, July 22nd.
The firm’s 50-day moving average price is $29.96 and its 200-day moving average price is $28.10. The company has a market capitalization of $13.08 billion and a price-to-earnings ratio of 7.712.
A hedge fund recently bought a new stake in KB Financial Group stock. GAM Holding AG acquired a new stake 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. The firm acquired 38,400 shares of the company’s stock, valued at approximately $1,070,000.
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