Press coverage about Mimecast (NASDAQ:MIME) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. 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. Mimecast earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 45.6595027656926 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

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

Shares of Mimecast (MIME) opened at $28.04 on Wednesday. Mimecast has a twelve month low of $16.75 and a twelve month high of $32.00. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.42 and a current ratio of 1.42.

A number of equities analysts have commented on MIME shares. Royal Bank Of Canada restated an “outperform” rating and set a $37.00 price objective (up previously from $33.00) on shares of Mimecast in a research note on Thursday, November 9th. Zacks Investment Research lowered Mimecast from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Dougherty & Co raised their price objective on Mimecast from $32.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, November 6th. Barclays raised their price objective on Mimecast from $31.00 to $34.00 and gave the stock an “overweight” rating in a research note on Thursday, November 9th. Finally, Jefferies Group restated a “buy” rating and set a $38.00 price objective on shares of Mimecast in a research note on Friday, November 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating and thirteen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $32.83.

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Mimecast Company Profile

Mimecast Limited is a provider of cloud security and risk management services for corporate information and e-mail. The Company’s suite of cloud services protects customers from the business and data security risks. It also mitigates the business disruption that e-mail failure or downtime causes. In addition, its archiving services secure, store and manage critical corporate communications and information to address the compliance and e-discovery requirements.

Insider Buying and Selling by Quarter for Mimecast (NASDAQ:MIME)

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