LATAM Airlines Group (LTM) Earning Positive News Coverage, Study Finds

News articles about LATAM Airlines Group (NYSE:LTM) have been trending positive on Tuesday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. LATAM Airlines Group earned a coverage optimism score of 0.35 on Accern’s scale. Accern also assigned news coverage about the transportation company an impact score of 44.9982036275266 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news articles that may have impacted Accern Sentiment’s rankings:

LTM has been the topic of several analyst reports. Zacks Investment Research raised 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 report on Tuesday, December 26th. Santander lowered shares of LATAM Airlines Group from a “buy” rating to a “hold” rating in a research report on Wednesday, December 6th. TheStreet raised shares of LATAM Airlines Group from a “d+” rating to a “c” rating in a research report on Thursday, November 16th. Finally, Bank of America reaffirmed a “neutral” rating on shares of LATAM Airlines Group in a research report on Tuesday, October 24th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a strong buy rating to the company. LATAM Airlines Group currently has a consensus rating of “Hold” and a consensus price target of $12.00.

LATAM Airlines Group (LTM) traded up $0.16 during midday trading on Tuesday, reaching $15.01. 448,296 shares of the company’s stock traded hands, compared to its average volume of 384,183. LATAM Airlines Group has a 1 year low of $8.33 and a 1 year high of $15.11. The company has a market capitalization of $9,250.00, a price-to-earnings ratio of 62.54 and a beta of 1.55.

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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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