News coverage about LATAM Airlines Group SA (NYSE:LFL) has been trending positive this week, according to Alpha One. The research firm, a service of Accern, identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. LATAM Airlines Group SA earned a media sentiment score of 0.29 on Alpha One’s scale. Alpha One also assigned media coverage about the transportation company an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the next few days.
A number of brokerages have recently weighed in on LFL. JPMorgan Chase & Co. began coverage on LATAM Airlines Group SA in a research note on Wednesday, January 11th. They issued a “hold” rating and a $10.00 target price on the stock. Zacks Investment Research upgraded LATAM Airlines Group SA from a “hold” rating to a “buy” rating and set a $9.25 target price on the stock in a research note on Wednesday, January 4th. Goldman Sachs Group Inc upgraded LATAM Airlines Group SA from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $8.40 to $13.00 in a research note on Friday, April 7th. TheStreet upgraded LATAM Airlines Group SA from a “d+” rating to a “c-” rating in a research note on Tuesday, March 28th. Finally, Credit Suisse Group AG set a $9.00 price objective on LATAM Airlines Group SA and gave the company a “hold” rating in a research note on Saturday, March 18th. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $10.18.
LATAM Airlines Group SA (NYSE:LFL) traded down 1.13% on Friday, reaching $13.13. The company had a trading volume of 47,663 shares. The stock has a market capitalization of $7.96 billion, a PE ratio of 103.39 and a beta of 1.63. LATAM Airlines Group SA has a 12-month low of $5.81 and a 12-month high of $13.72. The stock’s 50 day moving average price is $12.08 and its 200-day moving average price is $9.86.
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About LATAM Airlines Group SA
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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