Timken Steel Corporation (TMST) Earns Coverage Optimism Rating of 0.14
Media stories about Timken Steel Corporation (NYSE:TMST) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Timken Steel Corporation earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 45.4072253848375 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of brokerages have commented on TMST. Zacks Investment Research upgraded shares of Timken Steel Corporation from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research note on Tuesday, July 18th. BidaskClub upgraded shares of Timken Steel Corporation from a “hold” rating to a “buy” rating in a research note on Sunday, July 16th. Cowen and Company set a $23.00 price target on shares of Timken Steel Corporation and gave the company a “buy” rating in a research note on Thursday, July 27th. Finally, ValuEngine upgraded shares of Timken Steel Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. Timken Steel Corporation currently has an average rating of “Hold” and an average target price of $18.83.
Shares of Timken Steel Corporation (NYSE:TMST) traded up 3.88% during mid-day trading on Monday, reaching $15.00. 77,752 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $15.03 and a 200 day moving average of $15.76. The firm’s market capitalization is $666.36 million. Timken Steel Corporation has a one year low of $8.36 and a one year high of $23.00.
WARNING: “Timken Steel Corporation (TMST) Earns Coverage Optimism Rating of 0.14” was originally published by Watch List News and is the property of of Watch List News. If you are reading this story on another domain, it was copied illegally and republished in violation of US & international trademark & copyright laws. The legal version of this story can be read at https://www.watchlistnews.com/timken-steel-corporation-tmst-earns-coverage-optimism-rating-of-0-14/1571179.html.
Timken Steel Corporation Company Profile
TimkenSteel Corporation manufactures alloy steel, as well as carbon and micro-alloy steel. The Company’s portfolio includes special bar quality (SBQ) bars, seamless mechanical tubing and precision steel components. In addition, the Company supplies machining and thermal treatment services, as well as manage raw material recycling programs, which are used as a feeder system for its melt operations.
Receive News & Ratings for Timken Steel Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Timken Steel Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.