News articles about PowerShares Aerospace & Defense (NASDAQ:PEY) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media 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 closest to one being the most favorable. PowerShares Aerospace & Defense earned a daily sentiment score of 0.04 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.9225122541132 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Separately, AltaCorp Capital restated a “buy” rating and set a $16.50 price target on shares of PowerShares Aerospace & Defense in a report on Monday, January 15th.
Shares of NASDAQ:PEY opened at $17.39 on Tuesday. PowerShares Aerospace & Defense has a 1-year low of $16.45 and a 1-year high of $18.61.
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About PowerShares Aerospace & Defense
PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends.
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