Credit Suisse Group downgraded shares of KT (NYSE:KT) from an outperform rating to a neutral rating in a report released on Tuesday, Marketbeat reports.
Other equities analysts have also recently issued reports about the company. Zacks Investment Research raised KT from a hold rating to a buy rating and set a $18.00 price objective for the company in a report on Tuesday, January 23rd. Nomura cut KT from a buy rating to a neutral rating in a report on Tuesday. CLSA cut KT from an outperform rating to an underperform rating in a report on Wednesday, January 24th. ValuEngine raised KT from a hold rating to a buy rating in a report on Monday, November 27th. Finally, Morgan Stanley cut KT from an equal weight rating to an underweight rating in a report on Thursday, January 11th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of $18.00.
KT (NYSE:KT) opened at $13.33 on Tuesday. KT has a 1-year low of $13.33 and a 1-year high of $18.82. The company has a quick ratio of 1.02, a current ratio of 1.06 and a debt-to-equity ratio of 0.40.
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KT Company Profile
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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