StockNews.com upgraded shares of KB Financial Group (NYSE:KB – Free Report) from a hold rating to a buy rating in a research note published on Tuesday morning.
KB Financial Group Stock Performance
Shares of NYSE KB opened at $68.82 on Tuesday. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.67 and a current ratio of 1.67. The company has a market cap of $27.77 billion, a P/E ratio of 8.59, a P/E/G ratio of 0.47 and a beta of 0.98. KB Financial Group has a 52-week low of $36.57 and a 52-week high of $72.89. The firm’s fifty day moving average is $64.40 and its two-hundred day moving average is $59.95.
KB Financial Group (NYSE:KB – Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The bank reported $3.06 EPS for the quarter, topping the consensus estimate of $2.70 by $0.36. KB Financial Group had a return on equity of 7.29% and a net margin of 12.13%. The company had revenue of $3.18 billion during the quarter. As a group, analysts anticipate that KB Financial Group will post 9.4 EPS for the current fiscal year.
Institutional Inflows and Outflows
About KB Financial Group
KB Financial Group Inc provides a range of banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally. The company operates through Retail Banking, Corporate Banking, Other Banking Services, Credit Card, Securities, Life Insurance, and Non-Life Insurance segments.
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