Analyst 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 1 which endorses a Strong 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): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.29 and $15.26 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.47. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.45, notching a gain of 0.91% for the day. The total traded volume was 944,530 . The stock had closed at $15.31 on the previous day.

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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