Media headlines about Reynolds American (NYSE:RAI) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Reynolds American earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.9365370259154 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
Separately, Jefferies Group set a $60.00 price objective on Reynolds American and gave the stock a “hold” rating in a research report on Friday, August 25th. Eight equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. Reynolds American presently has a consensus rating of “Hold” and an average price target of $63.43.
Reynolds American (RAI) traded down $1.49 during midday trading on Tuesday, hitting $65.40. The company’s stock had a trading volume of 159,435,016 shares, compared to its average volume of 7,554,548. Reynolds American has a 52 week low of $43.38 and a 52 week high of $67.81. The company has a current ratio of 0.87, a quick ratio of 0.60 and a debt-to-equity ratio of 0.58.
ILLEGAL ACTIVITY NOTICE: This piece was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2017/12/05/somewhat-positive-press-coverage-somewhat-unlikely-to-impact-reynolds-american-rai-share-price.html.
Reynolds American Company Profile
Reynolds American Inc (RAI) is a holding company. The Company’s segments include RJR Tobacco, which consists of the primary operations of its subsidiary, R. J. Reynolds Tobacco Company; Santa Fe, which consists of the primary operations of its subsidiary, Santa Fe Natural Tobacco Company, Inc, and American Snuff, which consists of the primary operations of its subsidiary, American Snuff Company, LLC.
Receive News & Ratings for Reynolds American Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reynolds American Inc. and related companies with MarketBeat.com's FREE daily email newsletter.