Morgan Stanley upgraded shares of Korea Electric Power (NYSE:KEP) from an equal weight rating to an overweight rating in a report released on Thursday morning, MarketBeat.com reports.

KEP has been the topic of several other reports. Zacks Investment Research downgraded Korea Electric Power from a hold rating to a sell rating in a research report on Wednesday, November 28th. Daiwa Capital Markets upgraded shares of Korea Electric Power from a neutral rating to an outperform rating in a report on Tuesday, November 13th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold.

Korea Electric Power stock opened at $13.75 on Thursday. Korea Electric Power has a 52 week low of $10.52 and a 52 week high of $18.34. The stock has a market capitalization of $17.65 billion, a P/E ratio of 14.47 and a beta of 0.54. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.53 and a current ratio of 0.78.

Korea Electric Power (NYSE:KEP) last announced its quarterly earnings results on Tuesday, September 11th. The utilities provider reported ($0.67) earnings per share (EPS) for the quarter. Korea Electric Power had a net margin of 0.67% and a return on equity of 0.43%. The business had revenue of $12 billion during the quarter. Analysts forecast that Korea Electric Power will post -0.68 EPS for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Rehmann Capital Advisory Group lifted its stake in shares of Korea Electric Power by 204.9% during the third quarter. Rehmann Capital Advisory Group now owns 2,293 shares of the utilities provider’s stock valued at $30,000 after buying an additional 1,541 shares during the period. Fox Run Management L.L.C. purchased a new position in shares of Korea Electric Power during the third quarter valued at approximately $142,000. Buckingham Asset Management LLC purchased a new position in shares of Korea Electric Power during the 3rd quarter worth $162,000. Greenleaf Trust purchased a new position in shares of Korea Electric Power during the 3rd quarter worth $182,000. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Korea Electric Power by 279.4% during the 3rd quarter. Tower Research Capital LLC TRC now owns 14,948 shares of the utilities provider’s stock worth $197,000 after purchasing an additional 11,008 shares during the period. 4.03% of the stock is currently owned by institutional investors and hedge funds.

About Korea Electric Power

Korea Electric Power Corporation, an integrated electric utility company, generates, transmits, and distributes electricity in Korea and internationally. The company operates through Transmission and Distribution, Electric Power Generation (Nuclear), Electric Power Generation (Non-nuclear), Plant Maintenance & Engineering Service, and Others segments.

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Analyst Recommendations for Korea Electric Power (NYSE:KEP)

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