Consolidated Communications (CNSL) Getting Somewhat Favorable Media Coverage, Analysis Finds
Press coverage about Consolidated Communications (NASDAQ:CNSL) has been trending somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Consolidated Communications earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned news coverage about the utilities provider an impact score of 45.5790001306321 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
CNSL has been the subject of several research analyst reports. Jefferies Group lowered their price objective on shares of Consolidated Communications from $21.00 to $19.00 and set a “hold” rating for the company in a research report on Friday, November 3rd. Zacks Investment Research downgraded shares of Consolidated Communications from a “hold” rating to a “sell” rating in a research report on Tuesday, January 16th. Cowen reaffirmed a “hold” rating and set a $21.00 target price on shares of Consolidated Communications in a research note on Thursday, October 19th. ValuEngine cut shares of Consolidated Communications from a “hold” rating to a “sell” rating in a research note on Friday. Finally, Drexel Hamilton raised shares of Consolidated Communications from a “hold” rating to a “buy” rating in a research note on Tuesday, January 2nd. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $22.00.
Shares of Consolidated Communications (NASDAQ CNSL) opened at $11.25 on Tuesday. The firm has a market cap of $796.91, a price-to-earnings ratio of -20.83, a price-to-earnings-growth ratio of 20.87 and a beta of 0.69. Consolidated Communications has a one year low of $11.23 and a one year high of $26.79. The company has a debt-to-equity ratio of 4.61, a quick ratio of 0.88 and a current ratio of 0.88.
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Consolidated Communications Company Profile
Consolidated Communications Holdings, Inc is a holding company with operating subsidiaries that provide integrated communications services in consumer, commercial and carrier channels in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas and Wisconsin.
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