KT Corp (ADR) (KT) was Upgraded by HSBC Securities to ” Buy”. Earlier the firm had a rating of “Hold ” on the company shares. HSBC Securities advised their investors in a research report released on Apr 27, 2016.
Many Wall Street Analysts have commented on KT Corp (ADR). KT Corp (ADR) was Upgraded by JP Morgan to ” Overweight” on Feb 1, 2016.
KT Corp (ADR) closed down -0.14 points or -1.03% at $13.42 with 1,78,906 shares getting traded on Friday. Post opening the session at $13.46, the shares hit an intraday low of $13.38 and an intraday high of $13.5 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
KT Corporation is a telecommunications service provider. The Company’s principal services include mobile service and fixed-line services including fixed-line telephone services broadband Internet access service and data communication services. The Company’s operating segments include the Customer/Marketing Group which engages in providing various telecommunication services to individual/home customers and the convergence business; the Enterprise Sales Group which engages in telecommunication services for the global market and corporate customers as well as data communication service; the Finance/Rental Business Group which engages in providing various financial services such as credit card and lending and also engages in the automobile rental and leasing business and others which include security services satellite service information technology and network services satellite television service and real estate development businesses.