Headlines about Statoil ASA (NYSE:STO) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Statoil ASA earned a news impact score of 0.08 on Accern’s scale. Accern also gave news headlines about the oil and gas company an impact score of 44.7098801338599 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

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

Statoil ASA (NYSE STO) traded up $0.17 during trading on Friday, reaching $20.25. The company’s stock had a trading volume of 2,260,000 shares, compared to its average volume of 1,860,000. The company has a current ratio of 1.54, a quick ratio of 1.38 and a debt-to-equity ratio of 0.71. The stock has a market cap of $67,370.00, a P/E ratio of 20.49, a PEG ratio of 0.64 and a beta of 0.97. Statoil ASA has a twelve month low of $16.18 and a twelve month high of $21.02.

Several analysts have weighed in on the company. Barclays downgraded Statoil ASA from an “equal weight” rating to an “underweight” rating in a research note on Monday, August 21st. Piper Jaffray Companies set a $16.00 price target on Statoil ASA and gave the company a “hold” rating in a research note on Friday, August 25th. downgraded Statoil ASA from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Tudor Pickering downgraded Statoil ASA from a “buy” rating to a “hold” rating in a research note on Tuesday, September 5th. Finally, BMO Capital Markets downgraded Statoil ASA from an “outperform” rating to a “market perform” rating in a research note on Tuesday, November 14th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $18.33.

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About Statoil ASA

Statoil ASA (Statoil) is an energy company. The Company is engaged in oil and gas exploration and production activities. The Company’s segments include Development and Production Norway (DPN), Development and Production International (DPI), Marketing, Midstream and Processing (MMP) and Other. DPN segment manages the Company’s upstream activities on the Norwegian continental shelf (NCS) and explores for and extracts crude oil, natural gas and natural gas liquids.

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