Press coverage about Supervalu (NYSE:SVU) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press 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 -1 to 1, with scores nearest to one being the most favorable. Supervalu earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.4765533626393 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Investors Recap on SUPERVALU Inc. (SVU) – Wall Street Morning (wallstreetmorning.com)
- SUPERVALU (SVU) Sale of Some Farm Fresh Stores ‘a Step in the Right Direction’, Blackwells Capital Says (streetinsider.com)
- Why SuperValu Is Selling Farm Fresh (finance.yahoo.com)
- SUPERVALU To Sell 21 Stores And Continues Talks To Sell Addl Farm Fresh Stores (markets.businessinsider.com)
- Supervalu stock jumps after agreement to sell Farm Fresh stores (finance.yahoo.com)
Supervalu (NYSE:SVU) traded up $0.13 during mid-day trading on Friday, reaching $15.61. 1,940,877 shares of the company were exchanged, compared to its average volume of 1,186,928. Supervalu has a 12 month low of $13.60 and a 12 month high of $31.29. The company has a market capitalization of $599.56, a P/E ratio of 0.98 and a beta of 1.52. The company has a current ratio of 1.24, a quick ratio of 0.47 and a debt-to-equity ratio of 4.65.
Several brokerages have recently commented on SVU. Zacks Investment Research raised shares of Supervalu from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Tuesday, March 13th. Telsey Advisory Group reissued a “market perform” rating and issued a $18.00 price target (down from $24.00) on shares of Supervalu in a research note on Thursday, January 11th. ValuEngine raised shares of Supervalu from a “hold” rating to a “buy” rating in a research note on Thursday, December 7th. Finally, Royal Bank of Canada set a $34.00 price target on shares of Supervalu and gave the stock a “buy” rating in a research note on Thursday, January 11th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $23.44.
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Supervalu Inc is a wholesale distributor to independent retail customers across the United States. The Company’s segments include Wholesale and Retail. The Company offers a range of advertised brand name and private-label products, including grocery (both perishable and nonperishable), general merchandise and home, health and beauty care, and pharmacy, which are sold through Company-operated and licensed Retail stores to shoppers and through its Wholesale segment to independent retail customers.
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