KT Corp. (KT, Financial) has entered into a collaboration with Trimble to deploy precise positioning services across South Korea via the Trimble RTX Fast network. This partnership aims to offer bundled services, combining telecom, correction, and precise positioning, to automotive original equipment manufacturers and Internet of Things companies within the region. The initiative is expected to enhance service capabilities and drive innovation in these sectors across South Korea.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for KT Corp (KT, Financial) is $22.38 with a high estimate of $22.38 and a low estimate of $22.38. The average target implies an upside of 7.74% from the current price of $20.77. More detailed estimate data can be found on the KT Corp (KT) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, KT Corp's (KT, Financial) average brokerage recommendation is currently 1.0, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for KT Corp (KT, Financial) in one year is $14.12, suggesting a downside of 32.02% from the current price of $20.77. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the KT Corp (KT) Summary page.
