Positive Media Coverage Somewhat Unlikely to Impact BEST (BSTI) Stock Price

News headlines about BEST (NYSE:BSTI) have been trending positive on Tuesday, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BEST earned a coverage optimism score of 0.30 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.359419986171 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news headlines that may have impacted Accern’s analysis:

Several research firms recently weighed in on BSTI. Oppenheimer began coverage on BEST in a research note on Tuesday, December 5th. They set an “outperform” rating and a $13.00 target price for the company. Citigroup began coverage on BEST in a research note on Tuesday, December 5th. They set an “outperform” rating and a $13.00 target price for the company. J P Morgan Chase & Co began coverage on BEST in a research note on Tuesday, October 17th. They set an “overweight” rating for the company. Deutsche Bank began coverage on BEST in a research note on Monday, October 16th. They set a “buy” rating for the company. Finally, Stifel Nicolaus began coverage on BEST in a research note on Monday, October 16th. They set a “buy” rating and a $16.00 target price for the company. Eight research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average price target of $14.92.

Shares of BEST (NYSE:BSTI) opened at $9.57 on Tuesday. BEST has a 52 week low of $8.80 and a 52 week high of $13.25.

COPYRIGHT VIOLATION NOTICE: This piece of content was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The correct version of this piece of content can be accessed at https://ledgergazette.com/2017/12/12/positive-media-coverage-somewhat-unlikely-to-impact-best-bsti-stock-price.html.

BEST Company Profile

BEST Inc is engaged in providing supply chain solutions. The Company offers a cloud based platform, BEST Cloud which is integration of online and offline retail to offer delivery. It provides technology-enabled solutions to its users. The Company’s service offerings include BEST supply chain management, BEST express, BEST freight, BEST store+, BEST global, BEST cargo and BEST Ucargo.

Receive News & Ratings for BEST Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BEST Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply