Headlines about Synnex (NYSE:SNX) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Synnex earned a news impact score of 0.11 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 46.4149208492432 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.
Synnex (NYSE:SNX) opened at $138.21 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.80 and a current ratio of 1.61. Synnex has a one year low of $101.48 and a one year high of $138.44. The stock has a market cap of $5,480.00, a P/E ratio of 18.75 and a beta of 1.08.
A number of equities analysts have recently commented on the stock. SunTrust Banks assumed coverage on shares of Synnex in a research report on Thursday, December 7th. They set a “buy” rating and a $145.00 target price on the stock. Zacks Investment Research lowered shares of Synnex from a “buy” rating to a “hold” rating in a research report on Tuesday, November 28th. Stifel Nicolaus reaffirmed a “buy” rating and set a $132.00 target price on shares of Synnex in a research report on Tuesday, October 17th. Pivotal Research assumed coverage on shares of Synnex in a research report on Friday, October 6th. They set a “hold” rating and a $137.00 target price on the stock. Finally, ValuEngine raised shares of Synnex from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $136.22.
TRADEMARK VIOLATION WARNING: This article was posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this article on another domain, it was copied illegally and reposted in violation of U.S. & international copyright and trademark legislation. The legal version of this article can be viewed at https://www.chaffeybreeze.com/2018/01/04/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-synnex-snx-share-price.html.
Synnex Corporation is a business process services company. The Company provides a range of distribution, logistics and integration services for the technology industry and providing outsourced services focused on customer engagement strategy. The Company operates in two segments: Technology Solutions and Concentrix.
Receive News & Ratings for Synnex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synnex and related companies with MarketBeat.com's FREE daily email newsletter.