News headlines about EXFO (NASDAQ:EXFO) (TSE:EXF) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. EXFO earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news coverage about the communications equipment provider an impact score of 45.1983705914394 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern’s scoring:
Shares of EXFO (NASDAQ:EXFO) traded down 1.27% during mid-day trading on Friday, hitting $3.90. The stock had a trading volume of 4,473 shares. The stock has a market cap of $213.36 million, a price-to-earnings ratio of 243.75 and a beta of 0.48. The firm has a 50 day moving average of $4.04 and a 200 day moving average of $4.44. EXFO has a one year low of $3.73 and a one year high of $6.15.
Several brokerages have recently weighed in on EXFO. TheStreet downgraded EXFO from a “b” rating to a “c+” rating in a research report on Friday, July 7th. BMO Capital Markets set a $6.00 price target on EXFO and gave the stock a “hold” rating in a research note on Friday, October 13th. Canaccord Genuity reiterated a “hold” rating and issued a $4.75 price target on shares of EXFO in a research note on Sunday, October 15th. Zacks Investment Research upgraded EXFO from a “sell” rating to a “hold” rating in a research note on Wednesday, August 30th. Finally, National Bank Financial cut their price target on EXFO from $5.50 to $4.75 and set a “sector perform” rating on the stock in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $5.35.
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EXFO Company Profile
EXFO Inc is a Canada-based company, which provides communications service providers (CSPs) and data center, cloud and Web-scale operators with field test, service assurance and analytics solutions to ensure the deployment, maintenance and management of physical, virtual, fixed and mobile networks. It focuses on network infrastructures: fourth generation (4G)/long-term evolution (LTE), wireless backhaul, small cells and distributed antenna systems (DAS), 100G network upgrades and fiber-to-the-home (FTTH)/fiber-to-the-curb (FTTC)/fiber-to-the-node (FTTN) deployments.
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