CommerceHub (CHUBA) Getting Somewhat Favorable Media Coverage, Analysis Finds
Media coverage about CommerceHub (NASDAQ:CHUBA) has been trending somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. CommerceHub earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 46.8755829821487 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of CommerceHub (NASDAQ:CHUBA) opened at $22.38 on Friday. The company has a market cap of $946.43 and a price-to-earnings ratio of 72.83. CommerceHub has a 52-week low of $13.74 and a 52-week high of $24.53.
CHUBA has been the subject of a number of analyst reports. Zacks Investment Research raised shares of CommerceHub from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research report on Tuesday, November 14th. First Analysis started coverage on shares of CommerceHub in a report on Friday, August 25th. They issued an “overweight” rating and a $25.00 price target for the company. DA Davidson started coverage on shares of CommerceHub in a report on Friday, September 22nd. They issued a “buy” rating and a $27.00 price target for the company. Dougherty & Co started coverage on shares of CommerceHub in a report on Tuesday, October 31st. They issued a “buy” rating and a $27.00 price target for the company. Finally, Wedbush reaffirmed an “outperform” rating and issued a $26.00 price target (up previously from $22.00) on shares of CommerceHub in a report on Monday, October 2nd. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $25.80.
CommerceHub Company Profile
CommerceHub, Inc is a provider of cloud-based e-commerce fulfillment and marketing solutions that integrate supply, demand and delivery for retailers and consumer brands, manufacturers and distributors. The Company’s end-to-end solutions are provided through the CommerceHub software platform, a hub that streamlines integration and enables transactions among its retailer and supplier customers and their other trading partners, while also enabling them to access the online marketplaces, search engines, social and product advertising and other digital marketing channels where consumers browse and buy.
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