Veritiv (VRTV) Receiving Somewhat Positive Press Coverage, Study Shows
Media coverage about Veritiv (NYSE:VRTV) has been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Veritiv earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 45.4549895876439 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Veritiv (VRTV) opened at $27.35 on Friday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.51 and a current ratio of 2.36. The firm has a market capitalization of $423.90, a PE ratio of 10.19 and a beta of 1.10. Veritiv has a twelve month low of $20.35 and a twelve month high of $62.60.
VRTV has been the topic of several recent analyst reports. TheStreet lowered Veritiv from a “c-” rating to a “d+” rating in a report on Monday, August 21st. BidaskClub upgraded Veritiv from a “strong sell” rating to a “sell” rating in a report on Saturday, September 16th. Zacks Investment Research upgraded Veritiv from a “sell” rating to a “buy” rating and set a $38.00 target price on the stock in a report on Thursday, October 5th. Wells Fargo & Company lowered Veritiv from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 8th. Finally, Bank of America reduced their target price on Veritiv from $36.00 to $29.00 and set a “neutral” rating on the stock in a report on Wednesday, November 8th. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $33.00.
Veritiv Company Profile
Veritiv Corporation is a business-to-business distributor of print, publishing, packaging and facility solutions. The Company also provides logistics and supply chain management solutions to its customers. The Company’s segments are Print, Publishing & Print Management (Publishing), Packaging, Facility Solutions, and Corporate & Other.
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