LINE Corporation (NYSE:LN) Receives Media Sentiment Rating of 0.23

News stories about LINE Corporation (NYSE:LN) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LINE Corporation earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 45.726897578435 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

Shares of LINE Corporation (NYSE LN) opened at 34.59 on Tuesday. LINE Corporation has a 12 month low of $30.90 and a 12 month high of $51.48. The firm has a market cap of $7.58 billion and a PE ratio of 104.82. The company’s 50 day moving average is $35.54 and its 200-day moving average is $34.94.

LN has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of LINE Corporation from a “sell” rating to a “hold” rating in a research note on Friday, March 24th. Goldman Sachs Group, Inc. (The) cut shares of LINE Corporation from a “buy” rating to a “neutral” rating in a research report on Thursday, April 20th. CLSA cut shares of LINE Corporation from an “underperform” rating to a “sell” rating in a research report on Wednesday, April 26th. UBS AG cut shares of LINE Corporation from a “neutral” rating to an “underweight” rating in a research report on Friday, May 12th. Finally, Instinet upgraded shares of LINE Corporation from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 31st. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold”.

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LINE Corporation Company Profile

LINE Corporation is a Japan-based company mainly engaged in the operation of LINE business portal business. Its LINE business portal segment includes communication and content service and advertising service. Communication and content service provides communication, contents and other services, such as LINE Pay, LINE FRIENDS and LINE Mobile.

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