Somewhat Positive Press Coverage Somewhat Unlikely to Impact Cementos Pacasmayo S.A.A. (CPAC) Share Price
News coverage about Cementos Pacasmayo S.A.A. (NYSE:CPAC) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cementos Pacasmayo S.A.A. earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned headlines about the construction company an impact score of 45.8027860414872 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of research firms have weighed in on CPAC. BidaskClub upgraded Cementos Pacasmayo S.A.A. from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Zacks Investment Research cut Cementos Pacasmayo S.A.A. from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Bank of America Corporation lifted their target price on Cementos Pacasmayo S.A.A. from $9.90 to $11.00 and gave the stock an “underperform” rating in a research report on Friday, July 21st. Finally, Barclays PLC reiterated a “hold” rating and set a $11.00 target price on shares of Cementos Pacasmayo S.A.A. in a research report on Friday, April 28th.
Shares of Cementos Pacasmayo S.A.A. (CPAC) opened at 11.91 on Friday. The stock’s 50 day moving average price is $11.66 and its 200-day moving average price is $11.03. Cementos Pacasmayo S.A.A. has a 52-week low of $8.52 and a 52-week high of $12.78.
Cementos Pacasmayo S.A.A. Company Profile
Pacasmayo Cement Corp, formerly Cementos Pacasmayo SAA, is a Peru-based company principally engaged in the production, distribution and sale of construction materials. The Company is active in the development of traditional and blended cement, ready-mix concrete, mortars, quicklime, concrete blocks, diatomite bricks and aggregates, among others.
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