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NUCOR CORPORATION (NUE) News
Nucor (NUE) Given Media Sentiment Score of 0.11
April 17, 2018 -- Nucor (NYSE:NUE) have been trending somewhat positive on Tuesday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nucor earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned media stories about the basic materials company an impact score of 46.2445069306328 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Several equities research analysts have recently commented on NUE shares. Morgan Stanley increased their price objective on Nucor from $68.00 to $73.00 and gave the company an “equal weight” rating in a report on Tuesday. UBS started coverage on Nucor in a report on Tuesday. They issued a “neutral” rating for the company. ValuEngine raised Nucor from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Zacks Investment Research raised Nucor from a “hold” rating to a “strong-buy” rating and set a $73.00 price objective for the company in a report on Tuesday, February 13th. Finally, Credit Suisse Group increased their price objective on Nucor from $67.00 to $73.00 and gave the company an “outperform” rating in a report on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $69.68.Get Started today! - Risk Free