Media coverage about KT (NYSE:KT) has trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. KT earned a news impact score of 0.14 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.9637195069476 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have effected Accern’s scoring:
- Govt to allocate more funds for ULBs in Telangana (news.webindia123.com)
- KT to showcase 5G technology in self-driving car at Paralympics (insidethegames.biz)
- Korea Telecom chooses Gemalto for connected cars (financial-news.co.uk)
- KT to showcase 5G technology in autonomous car during Paralympic Games (msn.com)
A number of equities research analysts have recently commented on the stock. CLSA cut shares of KT from an “outperform” rating to an “underperform” rating in a 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 target price for the company in a report on Tuesday, January 23rd. Morgan Stanley cut shares of KT from an “equal weight” rating to an “underweight” rating in a report on Thursday, January 11th. ValuEngine upgraded shares of KT from a “hold” rating to a “buy” rating in a research note on Monday, November 27th. Finally, Credit Suisse Group lowered shares of KT from an “outperform” rating to a “neutral” rating in a research note on Tuesday, February 6th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. KT has a consensus rating of “Hold” and a consensus price target of $18.00.
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KT Company Profile
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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