03:25 AM EDT, 07/10/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price to USD15 (from USD10.50), reflecting a higher target 2025 P/BV multiple of 0.57x (almost double its five-year average of 0.3x). KEP's structural margin improvement and surge in earnings, led by elevated nuclear utilization, disciplined cost control, and stable tariff enforcement, support the higher valuation anchor in our view. We upgrade our 2025 earnings per ADS forecast to KRW6,028 (from KRW4,625) and 2026 to KRW6,494 (from KRW5,842) as we assume better margins from fuel cost management and tariff adjustments. We believe the stock's re-rating reflects not only the return to profitability but also investor confidence in management's ability to balance capex with gradual deleveraging and dividend reinstatement. We acknowledge that political risks remain in place following the June 2025 elections and possible populist moves, but we expect the regulated environment to remain broadly supportive and preserving earnings visibility.