NH Investment & Securities has issued a ‘BUY’ recommendation for Korea Electric Power Corporation (015760), setting a target price of KRW 30,000. The firm estimates that the company will exceed consensus with first-quarter consolidated revenue of KRW 24.5 trillion and operating profit of KRW 4.4 trillion, due to a 5% increase in industrial electricity rates and a 13% decrease in SMP. The target price of KRW 30,000 is similar to the average target price set by all securities firms over the past 6 months.
Original Article: Read More
Auto-posted at: 2025-03-21 09:05:20