Media headlines about Canon (NYSE:CAJ) have been trending somewhat positive on Tuesday, according to Accern. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Canon earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 44.1154534972828 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have effected Accern’s rankings:
- New Canon imagePRESS C650 Digital Color Press Designed to Meet Print/Copy/Scan Needs of Demanding Marketing Offices, In-Plant and Printshop Environments (finance.yahoo.com)
- Canon : Winners of Canon PhotoMarathon Hong Kong 2017 announced (4-traders.com)
- Guests at American Academy of Ophthalmology 2017 Meeting Get Firsthand Look at Canon U.S.A.’s Eyecare Portfolio (finance.yahoo.com)
- ETFs with exposure to Canon, Inc. : November 9, 2017 (finance.yahoo.com)
Shares of Canon (NYSE CAJ) opened at $38.38 on Tuesday. The firm has a market cap of $42,328.55, a price-to-earnings ratio of 21.53, a price-to-earnings-growth ratio of 3.34 and a beta of 0.45. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.44 and a current ratio of 2.03. Canon has a 12 month low of $27.76 and a 12 month high of $39.15.
CAJ has been the subject of a number of research reports. Zacks Investment Research lowered shares of Canon from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 26th. BidaskClub lowered shares of Canon from a “buy” rating to a “hold” rating in a research note on Wednesday, August 23rd. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $40.00.
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Canon Inc (Canon) is a manufacturer of office multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras and lithography equipment. Canon sells its products principally under the Canon brand name and through sales subsidiaries. Each of these subsidiaries is responsible for marketing and distribution to retail dealers in an assigned territory.
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