KB Financial Group Inc. (KB) Shares Gap Up to $33.21
KB Financial Group Inc. (NYSE:KB) shares gapped up prior to trading on Tuesday . The stock had previously closed at $32.97, but opened at $33.21. KB Financial Group shares last traded at $33.43, with a volume of 195,632 shares trading hands.
Several brokerages have weighed in on KB. TheStreet upgraded KB Financial Group from a “hold” rating to a “buy” rating in a research note on Wednesday, August 17th. 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 note on Friday, July 22nd. Finally, Citigroup Inc. upgraded KB Financial Group from a “neutral” rating to a “buy” rating in a research note on Thursday, July 21st.
The firm’s 50-day moving average is $31.59 and its 200 day moving average is $28.83. The company has a market cap of $12.90 billion and a P/E ratio of 7.76.
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