Sinclair Broadcast Group (SBGI) Earning Somewhat Positive Press Coverage, Study Shows
Headlines about Sinclair Broadcast Group (NASDAQ:SBGI) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog 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. Sinclair Broadcast Group earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.3672204725491 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have effected Accern’s analysis:
- $0.62 Earnings Per Share Expected for Sinclair Broadcast Group Inc (SBGI) This Quarter (americanbankingnews.com)
- Sinclair Broadcast Group (SBGI) Lowered to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Sinclair Broadcast Group, Inc. (SBGI) Scales New 52-Week Low – The Stocks News (press release) (thestocksnews.com)
- Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) – Here’s What to Focus on – Nasdaq Journal (nasdaqjournal.com)
- Sinclair Opens 2018 Broadcast Diversity Scholarship Application (finance.yahoo.com)
A number of research analysts recently commented on the company. Stephens set a $47.00 target price on Sinclair Broadcast Group and gave the company a “buy” rating in a research note on Tuesday, January 16th. Zacks Investment Research raised Sinclair Broadcast Group from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research note on Tuesday, January 30th. ValuEngine raised Sinclair Broadcast Group from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. BidaskClub raised Sinclair Broadcast Group from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 22nd. Finally, Jefferies Group assumed coverage on shares of Sinclair Broadcast Group in a research report on Thursday, December 14th. They set a “buy” rating and a $48.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $46.00.
Sinclair Broadcast Group Company Profile
Sinclair Broadcast Group, Inc is a television broadcasting company. The Company focuses on providing content on its local television stations and digital platforms. The Company’s segments are broadcast, other and corporate. The Broadcast segment consists of its broadcast television stations. The content distributed through its broadcast platform consists of programming provided by third-party networks and syndicators, local news, it owns networks, and other original programming produced by it.
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