Somewhat Favorable Media Coverage Unlikely to Impact Air New Zealand (ANZFF) Stock Price

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Media stories about Air New Zealand (OTCMKTS:ANZFF) have trended somewhat positive this week, according to InfoTrie. The research group rates the sentiment of news coverage by monitoring more than 6,000 news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Air New Zealand earned a news sentiment score of 1.83 on their scale. InfoTrie also assigned news articles about the company an news buzz score of 3 out of 10, meaning that recent news coverage is unlikely to have an effect on the company’s share price in the next several days.

Separately, Deutsche Bank raised Air New Zealand from a “sell” rating to a “hold” rating in a research report on Wednesday, October 17th.

ANZFF stock opened at $2.12 on Friday. Air New Zealand has a 12-month low of $1.74 and a 12-month high of $2.71.

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Air New Zealand Company Profile

Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. The company also offers ground handling services; engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; and aircraft leasing and financing services.

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