LATAM Airlines Group (LTM) Receiving Somewhat Positive Media Coverage, Analysis Finds
News stories about LATAM Airlines Group (NYSE:LTM) have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. LATAM Airlines Group earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news articles about the transportation company an impact score of 45.8544148344032 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Form 6-K LATAM AIRLINES GROUP For: Mar 08 (streetinsider.com)
- LATAM Airlines Group reports preliminary monthly statistics for February 2018 (finance.yahoo.com)
- Qatar Airways sounds defiant note over blockade, vows expansion (thepeninsulaqatar.com)
- Qatar Airways CEO Calls Blockade a ‘Challenge to Civilization’ (skift.com)
- Brazil Senate approves Open Skies agreement with the U.S. (finance.yahoo.com)
Several research firms have recently commented on LTM. ValuEngine upgraded shares of LATAM Airlines Group from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Santander lowered shares of LATAM Airlines Group from a “buy” rating to a “hold” rating in a research note on Wednesday, December 6th. Citigroup lowered shares of LATAM Airlines Group from a “neutral” rating to a “sell” rating in a research note on Wednesday, February 7th. Zacks Investment Research upgraded shares of LATAM Airlines Group from a “hold” rating to a “strong-buy” rating and set a $16.00 price target on the stock in a research note on Tuesday, December 26th. Finally, TheStreet raised shares of LATAM Airlines Group from a “d+” rating to a “c” rating in a report on Thursday, November 16th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $12.67.
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About LATAM Airlines Group
LATAM Airlines Group SA is a Chile-based company, which is engaged in passenger and cargo air transportation, both in the domestic markets of Chile, Peru, Argentina, Colombia, Ecuador and Brazil and in a developed series of regional and international routes in America, Europe and Oceania. These businesses are performed directly or through its subsidiaries in different countries.
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