Core-Mark (CORE) Earning Somewhat Positive Media Coverage, Report Finds

Media stories about Core-Mark (NASDAQ:CORE) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Core-Mark earned a news impact score of 0.23 on Accern’s scale. Accern also gave media coverage about the business services provider an impact score of 46.3546255480811 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Several equities analysts recently issued reports on CORE shares. BidaskClub lowered Core-Mark from a “sell” rating to a “strong sell” rating in a research note on Wednesday, January 31st. BMO Capital Markets restated a “hold” rating and set a $26.00 price target on shares of Core-Mark in a research note on Wednesday, January 10th. UBS Group upgraded Core-Mark from an “outperform” rating to a “strong-buy” rating in a research note on Friday, January 5th. Stephens lowered Core-Mark from an “overweight” rating to an “equal weight” rating in a research note on Friday, January 5th. Finally, Raymond James Financial upgraded Core-Mark from an “outperform” rating to a “buy” rating and set a $31.00 price target on the stock in a research note on Friday, January 5th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Core-Mark currently has an average rating of “Hold” and an average target price of $30.50.

Shares of Core-Mark (CORE) opened at $20.74 on Wednesday. Core-Mark has a 12 month low of $19.81 and a 12 month high of $38.37. The firm has a market capitalization of $957.09, a P/E ratio of 23.04, a PEG ratio of 1.55 and a beta of 0.58. The company has a quick ratio of 1.12, a current ratio of 2.16 and a debt-to-equity ratio of 0.93.

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Core-Mark Company Profile

Core-Mark Holding Company, Inc is a wholesale distributor to the convenience retail industry in North America. The Company provides sales, marketing, distribution and logistics services. As of December 31, 2016, the Company offered services to over 43,000 customer locations across the United States and Canada through 30 distribution centers.

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