KT (NYSE:KT) was downgraded by TheStreet from a “b-” rating to a “c” rating in a report released on Tuesday, February 6th.
A number of other research firms have also weighed in on KT. Zacks Investment Research raised shares of KT from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a research report on Tuesday, January 23rd. Nomura lowered shares of KT from a “buy” rating to a “neutral” rating in a research report on Tuesday, February 6th. CLSA lowered shares of KT from an “outperform” rating to an “underperform” rating in a research report on Wednesday, January 24th. Credit Suisse Group lowered shares of KT from an “outperform” rating to a “neutral” rating in a research report on Tuesday, February 6th. Finally, ValuEngine raised shares of KT from a “hold” rating to a “buy” rating in a research report on Monday, November 27th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. KT currently has a consensus rating of “Hold” and an average target price of $18.00.
Shares of KT (KT) traded down $0.01 during trading hours on Tuesday, reaching $13.09. 602,010 shares of the company were exchanged, compared to its average volume of 1,154,799. KT has a 12-month low of $12.70 and a 12-month high of $18.82. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.06 and a quick ratio of 1.02.
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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.
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