Somewhat Positive Media Coverage Somewhat Unlikely to Impact Line (NYSE:LN) Share Price

News articles about Line (NYSE:LN) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Line earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 46.6112842687767 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news articles that may have impacted Accern Sentiment’s rankings:

Line (NYSE:LN) traded down $1.20 on Tuesday, reaching $41.23. 94,598 shares of the company’s stock were exchanged, compared to its average volume of 218,344. Line has a 1 year low of $30.90 and a 1 year high of $47.81.

LN has been the topic of several research analyst reports. BNP Paribas lowered shares of Line from a “hold” rating to a “reduce” rating in a research report on Friday, October 27th. Deutsche Bank upgraded shares of Line from a “hold” rating to a “buy” rating in a report on Wednesday, October 25th. Zacks Investment Research lowered shares of Line from a “buy” rating to a “sell” rating in a report on Wednesday, October 11th. UBS Group upgraded shares of Line from a “sell” rating to a “neutral” rating in a report on Tuesday, October 31st. Finally, Mizuho downgraded shares of Line from a “neutral” rating to an “underperform” rating in a research report on Wednesday, January 31st. Four research analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $47.00.

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About Line

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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