Nidec (NJ) Given Coverage Optimism Score of 0.00
News stories about Nidec (NYSE:NJ) have been trending somewhat positive on Wednesday, according to Accern. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nidec earned a news sentiment score of 0.00 on Accern’s scale. Accern also gave headlines about the industrial goods maker an impact score of 47.2753001139038 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Nidec (NYSE:NJ) opened at $34.32 on Wednesday. Nidec has a 52 week low of $20.95 and a 52 week high of $34.32.
Several analysts have issued reports on the company. Keefe, Bruyette & Woods assumed coverage on Nidec in a research note on Thursday, September 14th. They issued an “outperform” rating and a $14.00 price objective on the stock. DA Davidson restated a “neutral” rating and issued a $18.00 price objective on shares of Nidec in a research note on Friday, September 1st.
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Nidec Corporation is engaged in manufacturing of electric motors and related components and equipment. The Company focuses on providing brushless direct current (DC) motors for the information technology (IT) industry. The Company operates through nine segments: Nidec Corporation, Nidec Electronics (Thailand), Nidec Singapore, Nidec (H.K.), Nidec Sankyo, Nidec Copal, Nidec Techno Motor, Nidec Motor, and Nidec Motors & Actuators.
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