Global Partners (GLP) Given Daily Coverage Optimism Rating of 0.00
Media coverage about Global Partners (NYSE:GLP) has trended somewhat negative this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Global Partners earned a media sentiment score of 0.00 on Accern’s scale. Accern also assigned media headlines about the energy company an impact score of 45.774718989757 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.
Several equities research analysts have recently issued reports on GLP shares. Zacks Investment Research raised Global Partners from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a report on Tuesday, October 24th. TheStreet raised Global Partners from a “d+” rating to a “c” rating in a report on Thursday, November 30th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Global Partners in a report on Tuesday, November 21st. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $19.00.
Shares of Global Partners (NYSE GLP) remained flat at $$17.60 during mid-day trading on Monday. The stock had a trading volume of 8,200 shares, compared to its average volume of 49,054. Global Partners has a 12-month low of $15.80 and a 12-month high of $21.95. The company has a quick ratio of 0.93, a current ratio of 1.52 and a debt-to-equity ratio of 2.95. The stock has a market capitalization of $608.52, a P/E ratio of -23.16 and a beta of 1.09.
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About Global Partners
Global Partners LP is a midstream logistics and marketing company. It is engaged in the purchasing, selling, storing and logistics of transporting petroleum and related products, including gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane.
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