Amplify Snack Brands (BETR) Earning Somewhat Favorable News Coverage, Report Shows

Headlines about Amplify Snack Brands (NYSE:BETR) have been trending somewhat positive on Monday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Amplify Snack Brands earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.0392560311703 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

BETR opened at $12.00 on Monday. Amplify Snack Brands has a 1-year low of $4.78 and a 1-year high of $12.32. The company has a quick ratio of 0.94, a current ratio of 1.34 and a debt-to-equity ratio of 6.51.

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Several brokerages recently issued reports on BETR. SunTrust Banks restated a “buy” rating and set a $12.00 target price (up from $6.00) on shares of Amplify Snack Brands in a research report on Wednesday, January 17th. Credit Suisse Group set a $12.00 target price on shares of Amplify Snack Brands and gave the company a “hold” rating in a research report on Tuesday, January 16th. Zacks Investment Research upgraded shares of Amplify Snack Brands from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. William Blair lowered shares of Amplify Snack Brands from an “outperform” rating to a “market perform” rating in a research report on Monday, December 18th. Finally, Oppenheimer reiterated a “hold” rating on shares of Amplify Snack Brands in a research report on Wednesday, December 13th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. Amplify Snack Brands currently has a consensus rating of “Hold” and a consensus target price of $10.00.

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Amplify Snack Brands Company Profile

Amplify Snack Brands, Inc is a snack food company focused on developing and marketing products that appeal to consumers’ growing preference for better-for-you (BFY) snacks. The Company’s segments are North America and International. The North America and International segments both operate in the snack food category and whose brands and products are offered in the natural and conventional grocery, drug, convenience, food service, club, mass merchandise and other channels.

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