SK Telecom Co. (SKM) Receiving Somewhat Positive Media Coverage, Report Shows

Media coverage about SK Telecom Co. (NYSE:SKM) has been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. SK Telecom Co. earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the Wireless communications provider an impact score of 46.7325683614252 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the media stories that may have impacted Accern’s rankings:

Shares of SK Telecom Co. (NYSE:SKM) opened at 24.45 on Friday. SK Telecom Co. has a 52-week low of $20.44 and a 52-week high of $28.13. The stock has a 50 day moving average of $25.77 and a 200 day moving average of $24.92. The firm has a market capitalization of $15.55 billion, a price-to-earnings ratio of 8.65 and a beta of 0.36.

The firm also recently disclosed a None dividend, which was paid on Wednesday, September 6th. Stockholders of record on Friday, June 30th were paid a $0.057 dividend. The ex-dividend date was Wednesday, June 28th. SK Telecom Co.’s dividend payout ratio is currently 25.71%.

Several analysts have recently commented on SKM shares. Credit Suisse Group lowered shares of SK Telecom Co. from an “outperform” rating to a “neutral” rating in a research report on Tuesday, May 30th. Zacks Investment Research upgraded shares of SK Telecom Co. from a “hold” rating to a “strong-buy” rating and set a $32.00 price target on the stock in a research report on Tuesday, August 1st. Goldman Sachs Group, Inc. (The) upgraded shares of SK Telecom Co. from a “neutral” rating to a “buy” rating in a research report on Friday, July 21st. Finally, BidaskClub lowered shares of SK Telecom Co. from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Four investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $32.00.

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About SK Telecom Co.

SK Telecom Co, Ltd. provides wireless telecommunications in Korea. The Company is engaged in the commercial development and implementation of wireless and fixed-line technologies and services, as well as develop its platforms, including Internet of things (IoT) solutions, lifestyle enhancement and advanced media.

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