LS Securities has increased the target price for Korea Electric Power Corporation (KEPCO) from 30,000 won to 38,000 won, maintaining a buy rating. This is due to KEPCO’s operating profit turning positive and the continuous upward trend in profit size. The improvement in performance is attributed to rate hikes, improvement in the generation mix, stabilization of raw material prices, and the government’s policy direction on electricity rates, nuclear power policy, and power grid investment.
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Auto-posted at: 2025-05-27 09:02:11