Universal Display (OLED) Receives Media Sentiment Score of 0.10
Headlines about Universal Display (NASDAQ:OLED) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Universal Display earned a news impact score of 0.10 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 45.8221706681989 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Universal Display (OLED) opened at $150.05 on Thursday. The firm has a market capitalization of $7,312.46, a PE ratio of 73.55 and a beta of 0.90. Universal Display has a 12-month low of $63.40 and a 12-month high of $209.00.
Several research firms recently issued reports on OLED. Zacks Investment Research downgraded Universal Display from a “buy” rating to a “hold” rating in a research report on Saturday, January 27th. BidaskClub downgraded Universal Display from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. Deutsche Bank reissued a “buy” rating and issued a $190.00 target price on shares of Universal Display in a research report on Thursday, January 25th. Susquehanna Bancshares upped their target price on Universal Display from $195.00 to $215.00 and gave the company a “positive” rating in a research report on Friday, January 5th. Finally, Evercore ISI began coverage on Universal Display in a research report on Thursday, November 30th. They issued an “outperform” rating and a $225.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. Universal Display has an average rating of “Hold” and an average target price of $164.80.
Universal Display Company Profile
Universal Display Corporation is engaged in the research, development and commercialization of organic light emitting diode (OLED), technologies and materials for use in display and solid-state lighting applications. The Company also supplies its OLED materials to manufacturers of OLED displays and lighting products for evaluation and for use in product development and for pre-commercial activities, and it also provides technical assistance and support to these manufacturers.
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