Press coverage about Weibo (NASDAQ:WB) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Weibo earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news articles about the information services provider an impact score of 46.0306562179679 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- Confessions of a China Live Streamer (jingdaily.com)
- Benchmark Lowers Weibo (WB) Price Target to $95.00 (americanbankingnews.com)
- BidaskClub Upgrades Weibo (WB) to “Buy” (americanbankingnews.com)
- Weibo (WB) Now Covered by Analysts at UBS (americanbankingnews.com)
- 14 Million Visitors to US Face Social Media Screening (nytimes.com)
WB stock traded up $4.45 during midday trading on Friday, reaching $119.54. The company had a trading volume of 2,127,319 shares, compared to its average volume of 1,813,904. The company has a market cap of $26,444.28, a PE ratio of 76.63 and a beta of 2.57. Weibo has a 1-year low of $48.82 and a 1-year high of $142.12. The company has a quick ratio of 2.23, a current ratio of 4.22 and a debt-to-equity ratio of 0.74.
A number of equities research analysts have recently issued reports on WB shares. UBS started coverage on shares of Weibo in a research report on Tuesday, January 2nd. They issued a “buy” rating and a $125.00 target price for the company. BidaskClub raised shares of Weibo from a “hold” rating to a “buy” rating in a research report on Wednesday, January 10th. Zacks Investment Research raised shares of Weibo from a “hold” rating to a “buy” rating and set a $156.00 target price for the company in a research report on Friday, February 16th. Benchmark boosted their target price on shares of Weibo from $110.00 to $148.00 and gave the company a “buy” rating in a research report on Wednesday, February 14th. Finally, ValuEngine raised shares of Weibo from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. One research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Weibo presently has a consensus rating of “Buy” and an average price target of $124.50.
ILLEGAL ACTIVITY WARNING: “Somewhat Positive News Coverage Somewhat Unlikely to Impact Weibo (WB) Stock Price” was first published by WKRB News and is owned by of WKRB News. If you are accessing this news story on another site, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this news story can be viewed at https://www.wkrb13.com/2018/04/02/somewhat-positive-news-coverage-somewhat-unlikely-to-impact-weibo-wb-stock-price.html.
Weibo Company Profile
Weibo Corporation is a social media platform for people to create, distribute and discover Chinese-language content. The Company provides ways for people and organizations to publicly express themselves in real time, interact with others on a global platform and stay connected with the world. It operates in two segments: advertising and marketing services and other services.
Receive News & Ratings for Weibo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weibo and related companies with MarketBeat.com's FREE daily email newsletter.