News articles about Luxottica Group SpA (NYSE:LUX) have trended somewhat positive on Thursday, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Luxottica Group SpA earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.1252545240841 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- FTC Judge Rules Against 1-800 Contacts on Antitrust Charges (money.usnews.com)
- GDEcD: Apparel wholesaler to create 300 jobs in Henry County – Atlanta Business Chronicle (bizjournals.com)
- Global Eyewear Market to Surpass US$ 166,509.5 Mn by 2026-End (sbwire.com)
- AB InBev’s Beer Shipments Hurt by Hurricanes, Brazilian Woes (washpost.bloomberg.com)
Separately, Royal Bank Of Canada lowered shares of Luxottica Group SpA from a “sector perform” rating to an “underperform” rating in a research note on Thursday, September 21st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. Luxottica Group SpA currently has a consensus rating of “Hold” and a consensus price target of $50.00.
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About Luxottica Group SpA
Luxottica Group S.p.A. is a holding company. The Company is engaged in the design, manufacture and distribution of fashion, luxury, sport and performance eyewear. The Company operates through two segments: manufacturing and wholesale distribution, and retail distribution. Through its manufacturing and wholesale distribution operations, the Company is engaged in design, manufacturing, wholesale distribution and marketing of brands and designer lines of prescription frames and sunglasses, as well as of performance optics products.
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