Headlines about SK Telecom Co. (NYSE:SKM) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. SK Telecom Co. earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave headlines about the Wireless communications provider an impact score of 45.763240523402 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
A number of equities analysts recently weighed in on the company. BidaskClub upgraded SK Telecom Co. from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Zacks Investment Research lowered SK Telecom Co. from a “buy” rating to a “hold” rating in a research report on Wednesday, June 28th. Citigroup Inc. reiterated a “neutral” rating on shares of SK Telecom Co. in a research report on Monday, April 24th. Goldman Sachs Group, Inc. (The) upgraded SK Telecom Co. from a “neutral” rating to a “buy” rating in a research report on Friday, July 21st. Finally, Credit Suisse Group lowered SK Telecom Co. from an “outperform” rating to a “neutral” rating in a research report on Tuesday, May 30th. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. SK Telecom Co. currently has a consensus rating of “Buy” and an average price target of $32.00.
Shares of SK Telecom Co. (SKM) opened at 25.99 on Friday. SK Telecom Co. has a 52 week low of $20.44 and a 52 week high of $28.13. The company has a 50-day moving average price of $26.32 and a 200 day moving average price of $24.37. The stock has a market capitalization of $16.76 billion, a P/E ratio of 9.35 and a beta of 0.35.
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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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