Luxottica Group SpA (NYSE:LUX) Receives Daily Media Impact Score of 0.41

News headlines about Luxottica Group SpA (NYSE:LUX) have trended positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Luxottica Group SpA earned a media sentiment score of 0.41 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.6826949474237 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Luxottica Group SpA (LUX) traded up 0.41% on Friday, reaching $60.90. The company had a trading volume of 349,483 shares. Luxottica Group SpA has a 12-month low of $44.85 and a 12-month high of $62.57. The stock’s 50-day moving average price is $58.38 and its 200-day moving average price is $56.93.

A number of equities research analysts have recently weighed in on the company. Morgan Stanley raised Luxottica Group SpA from an “equal weight” rating to an “overweight” rating in a report on Tuesday, June 13th. Zacks Investment Research raised Luxottica Group SpA from a “sell” rating to a “hold” rating in a report on Saturday, May 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $49.00.

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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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