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An update from KT ( (KT) ) is now available.
In a recent development, KT Corporation announced the early resignation of outside director Seung Ah Theresa Cho, effective March 26, 2024, due to a statutory disqualification under the Korean Commercial Act. This change reduces the number and percentage of outside directors on KT’s board, marking a notable adjustment in the company’s governance structure and presenting potential implications for investor confidence and decision-making dynamics.
The most recent analyst rating on (KT) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on KT stock, see the KT Stock Forecast page.
Spark’s Take on KT Stock
According to Spark, TipRanks’ AI Analyst, KT is a Neutral.
KT’s overall stock score reflects stable financial performance and attractive valuation, tempered by mixed technical indicators and challenges highlighted in the earnings call. The company’s strong revenue growth and dividend yield are significant positives, but potential risks from security issues and segment declines warrant caution.
To see Spark’s full report on KT stock, click here.
More about KT
KT Corporation is a leading South Korean company in the telecommunications industry, providing essential communication services and solutions to both domestic and international markets. The company is known for its robust and innovative infrastructure and focuses on advancing connectivity and digital solutions.
Average Trading Volume: 1,501,642
Technical Sentiment Signal: Buy
Current Market Cap: $8.82B
Find detailed analytics on KT stock on TipRanks’ Stock Analysis page.