Press coverage about AllianceBernstein Income Fund (NYSE:ACG) has been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. AllianceBernstein Income Fund earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the investment management company an impact score of 46.65566544994 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of AllianceBernstein Income Fund (NYSE ACG) opened at $7.91 on Tuesday. The company has a market capitalization of $1,710.00, a P/E ratio of -791.00 and a beta of 0.01. AllianceBernstein Income Fund has a 1-year low of $7.41 and a 1-year high of $8.05.
Separately, Fundamental Research reaffirmed a “buy” rating and set a C$0.30 price objective on shares of AllianceBernstein Income Fund in a research report on Thursday, October 5th.
AllianceBernstein Income Fund Company Profile
AllianceBernstein Income Fund, Inc (the Fund) is a diversified, closed-end management investment company. The investment objective of the Fund is high current income consistent with preservation of capital. The Fund invests its net assets in income-producing securities. The Fund invests its total assets in securities issued or guaranteed by the United States Government, its agencies or instrumentalities, and repurchase agreements pertaining to the United States Government securities.
Receive News & Ratings for AllianceBernstein Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AllianceBernstein Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.