KT (KT) Earning Somewhat Critical News Coverage, Study Finds
Media headlines about KT (NYSE:KT) have trended somewhat negative this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. KT earned a news sentiment score of 0.00 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 45.4527328241609 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- The PyeongChang Winter Olympics Are Testing 5G—to Ward Off Wild Boars (finance.yahoo.com)
- Corporation’s plastic recycling unit reopened at West Hill (thehindu.com)
- ‘de Blob’ (ALL) Will Come To Nintendo Switch Somewhere This Year (worthplaying.com)
- 5G Is Making Its Global Debut at Olympics, and It’s Wicked Fast (bloomberg.com)
- Delaware River City Corporation is getting a new name and new leadership (generocity.org)
Several equities analysts recently weighed in on KT shares. CLSA cut shares of KT from an “outperform” rating to an “underperform” rating in a research report on Wednesday, January 24th. Zacks Investment Research raised shares of KT from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Tuesday, January 23rd. Morgan Stanley cut shares of KT from an “equal weight” rating to an “underweight” rating in a research report on Thursday, January 11th. ValuEngine raised shares of KT from a “hold” rating to a “buy” rating in a research report on Monday, November 27th. Finally, Credit Suisse Group cut shares of KT from an “outperform” rating to a “neutral” rating in a research report on Tuesday, February 6th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $18.00.
KT Corporation is a telecommunications service provider. The Company’s segments include the Customer/Marketing Group, the Finance Business Group and the Others Group. The Customer/Marketing Group segment is engaged in providing various telecommunication services to individual/home/corporate customers and the convergence business.
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