Brokerage Firm Rating Update on KT Corporation (KT)

KT Corporation (KT) : The consensus on KT Corporation (KT) based on 1 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.


For the current week, the company shares have a recommendation consensus of Buy.

KT Corporation (NYSE:KT): The stock opened at $15.97 and touched an intraday high of $16.12 on Wednesday. During the day, the stock corrected to an intraday low of $15.91, however, the bulls stepped in and pushed the price higher to close in the green at $16.06 with a gain of 0.75% for the day. The total traded volume for the day was 643,212. The stock had closed at $15.94 in the previous trading session.

KT Corporation is a telecommunications service provider. The Companys principal services include mobile service and fixed-line services, including fixed-line telephone services, broadband Internet access service and data communication services. The Companys 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.

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