Somewhat Favorable Media Coverage Somewhat Unlikely to Affect TerraForm Global (NASDAQ:GLBL) Stock Price

Media coverage about TerraForm Global (NASDAQ:GLBL) has trended somewhat positive recently, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TerraForm Global earned a media sentiment score of 0.00 on Accern’s scale. Accern also assigned news articles about the energy company an impact score of 46.5462396249769 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news articles that may have impacted Accern’s analysis:

Several equities research analysts have recently commented on GLBL shares. Zacks Investment Research upgraded TerraForm Global from a “hold” rating to a “buy” rating and set a $5.75 target price on the stock in a report on Monday, September 11th. ValuEngine lowered TerraForm Global from a “hold” rating to a “sell” rating in a report on Tuesday, September 12th. Finally, BidaskClub upgraded TerraForm Global from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. TerraForm Global currently has an average rating of “Hold” and an average price target of $5.13.

TerraForm Global (NASDAQ:GLBL) opened at $4.70 on Wednesday. TerraForm Global has a 12-month low of $3.40 and a 12-month high of $5.10. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.71.

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About TerraForm Global

TerraForm Global, Inc is a holding company. The Company is a diversified renewable energy company that owns contracted solar and wind power plants. The Company operates through two segments: Solar Energy and Wind Energy. The segments include the Company’s entire portfolio of power plants. The Company’s portfolio consisted of solar and wind power plants located in Brazil, China, India, Malaysia, South Africa, Thailand and Uruguay with an aggregate net capacity of 916.4 megawatts (MW) as of October 31, 2016.

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