Media coverage about Meet Group (NASDAQ:MEET) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Meet Group earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave news headlines about the information services provider an impact score of 46.1307595418383 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news headlines that may have effected Accern’s rankings:
Meet Group (NASDAQ:MEET) opened at $2.73 on Thursday. Meet Group has a 52-week low of $2.19 and a 52-week high of $6.45. The stock has a market cap of $196.03, a PE ratio of 13.65, a P/E/G ratio of 0.59 and a beta of 1.07.
A number of equities analysts have recently commented on MEET shares. Roth Capital reissued a “buy” rating and issued a $7.25 price target on shares of Meet Group in a research report on Wednesday, October 25th. JMP Securities lowered shares of Meet Group from an “outperform” rating to a “market perform” rating and set a $6.00 target price on the stock. in a research report on Thursday, November 9th. Canaccord Genuity lowered shares of Meet Group from a “buy” rating to a “hold” rating and set a $10.00 target price on the stock. in a research report on Thursday, November 9th. Zacks Investment Research lowered shares of Meet Group from a “hold” rating to a “sell” rating in a report on Tuesday, December 26th. Finally, ValuEngine lowered shares of Meet Group from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $5.90.
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Meet Group Company Profile
The Meet Group, Inc, formerly MeetMe, Inc, offers a portfolio of mobile applications. The Company operates location-based social networks for meeting new people on mobile platforms, including on iPhone, Android, iPad and other tablets, and on the Web that facilitate interactions among users, and helps users to connect and chat with each other.
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