Press coverage about Five Point (NYSE:FPH) has been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 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. Five Point earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.6007883624058 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
A number of research firms recently weighed in on FPH. Zacks Investment Research upgraded shares of Five Point from a “hold” rating to a “strong-buy” rating and set a $16.00 price objective on the stock in a research report on Wednesday. Royal Bank of Canada reiterated a “buy” rating and issued a $20.00 price objective on shares of Five Point in a research report on Monday, April 2nd. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $19.25.
Five Point stock opened at $14.72 on Friday. Five Point has a one year low of $12.00 and a one year high of $16.74. The firm has a market capitalization of $2,114.96 and a price-to-earnings ratio of -24.13.
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Five Point Company Profile
Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LLC, plans and develops mixed-use, master-planned communities in coastal California, the United States. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers. The company was formerly known as Newhall Holding Company, LLC and changed its name to Five Point Holdings, LLC in May 2016.
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