Somewhat Favorable Press Coverage Somewhat Unlikely to Impact SPX (SPXC) Share Price

Media coverage about SPX (NYSE:SPXC) has been trending somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing 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 one, with scores nearest to one being the most favorable. SPX earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.5519713885166 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

A number of brokerages have commented on SPXC. TheStreet upgraded shares of SPX from a “d+” rating to a “c” rating in a research note on Monday, November 6th. UBS Group upped their target price on shares of SPX from $36.00 to $39.00 and gave the stock a “buy” rating in a research note on Friday, November 3rd. ValuEngine upgraded shares of SPX from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research upgraded shares of SPX from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research note on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, two have assigned a buy rating and one has given a strong buy rating to the stock. SPX has an average rating of “Buy” and an average price target of $38.00.

SPX (NYSE SPXC) opened at $30.49 on Thursday. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.15 and a quick ratio of 0.81. The company has a market cap of $1,290.00, a PE ratio of 39.60 and a beta of 1.67. SPX has a one year low of $21.97 and a one year high of $33.93.

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About SPX

SPX Corporation is a global supplier of infrastructure equipment. The Company operates through three segments: HVAC; Detection and Measurement, and Engineered Solutions. The HVAC solutions offered by its businesses include package cooling towers, residential and commercial boilers, heating and ventilation products.

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