Kenon Holdings (NYSE:KEN) Rating Reaffirmed
In recent note distributed to Clients this morning, Deutsche Bank maintained their Hold rating on Kenon Holdings (NYSE:KEN) shares. The target price would suggest a possible upside of 19.38% from firm’s stock close price.
Approximately shares of stock traded hands. Kenon Holdings Ltd (NYSE:KEN) has declined 49.35% since April 29, 2015 and is downtrending. It has underperformed by 49.15% the S&P500.
Analysts await Kenon Holdings Ltd (NYSE:KEN) to reports earnings on December, 8. After $0.24 actual earnings per share reported by Kenon Holdings Ltd for the previous quarter, Wall Street now forecasts -350.00% negative EPS growth.
Kenon Holdings Ltd. is a holding company that operates primarily growth-oriented businesses. The company has a market cap of $584.60 million. The Firm is primarily engaged in the operation of two businesses: IC Power Ltd. , a wholly owned power generation company, and Qoros Automotive Co., Ltd. (Qoros), a China automotive company, in which it has a 50% equity interest. It currently has negative earnings.
According to Zacks Investment Research, “Kenon Holdings Ltd. is a holding company. It owns, develops and operates power generation facilities through its subsidiaries. Kenon Holdings Ltd. is based in Singapore.” Get a free copy of the Zacks research report on Kenon Holdings Ltd (KEN).