Published On: Wed, Oct 19th, 2016

KT Corporation (NYSE:KT) Updated Analyst Coverage


A number of investment brokers have recently updated their price targets on shares of KT Corporation (NYSE:KT).

Most recent broker ratings

04/27/2016 – KT Corporation was upgraded to “buy” by analysts at HSBC.

02/01/2016 – KT Corporation was upgraded to “overweight” by analysts at JP Morgan.

10/06/2015 – KT Corporation was downgraded to “neutral” by analysts at Goldman Sachs.

09/16/2015 – KT Corporation was upgraded to “outperform” by analysts at Macquarie.

05/14/2015 – KT Corporation was upgraded to “equal weight” by analysts at Barclays.

05/06/2015 – KT Corporation was downgraded to “sell” by analysts at Zacks. They now have a USD 16 price target on the stock.

05/09/2014 – KT Corporation was downgraded to “sell” by analysts at TheStreet.

11/04/2013 – KT Corporation was downgraded to “neutral” by analysts at Credit Suisse.

The share price of KT Corporation (NYSE:KT) was up +0.57% during the last day of trading, with a day high of 16.10. 612883 shares were traded during the last session.

The stock’s 50 day moving average is 15.66 and its 200 day moving average is 14.80. The stock’s market capitalization is 7.79B. KT Corporation has a 52-week low of 10.81 and a 52-week high of 16.79.

KT Corporation is a telecommunications service provider. The Company’s segments include the Customer/Marketing Group, the Finance Business Group and the Others Group. The Customer/Marketing Group segment is engaged in providing various telecommunication services to individual/home/corporate customers and the convergence business. The Finance Business Group segment is engaged in providing various financial services, such as credit card. The Others Group segment includes security services, satellite service, information technology and network services, and satellite television services, as well as global business services, which provide global network services to multinational or domestic corporate customers and telecommunications companies. The Company’s principal services include mobile voice and data telecommunications services; fixed-line services; credit card processing and other financial services, and various other services.