Favorable Press Coverage Somewhat Unlikely to Affect BEST (BSTI) Stock Price

News stories about BEST (NYSE:BSTI) have trended positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BEST earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.958857600008 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

BSTI has been the topic of a number of recent analyst reports. KeyCorp set a $14.00 price objective on BEST and gave the stock a “buy” rating in a research report on Wednesday, February 21st. Zacks Investment Research downgraded BEST from a “hold” rating to a “sell” rating in a research report on Friday, December 15th. Citigroup began coverage on BEST in a research report on Tuesday, December 5th. They set an “outperform” rating and a $13.00 price target on the stock. Finally, Oppenheimer began coverage on BEST in a research report on Tuesday, December 5th. They set an “outperform” rating and a $13.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $14.52.

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Shares of BEST stock opened at $10.27 on Friday. BEST has a 12-month low of $8.08 and a 12-month high of $13.25.

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BEST Company Profile

BEST Inc is engaged in providing supply chain solutions. The Company offers a cloud based platform, BEST Cloud which is integration of online and offline retail to offer delivery. It provides technology-enabled solutions to its users. The Company’s service offerings include BEST supply chain management, BEST express, BEST freight, BEST store+, BEST global, BEST cargo and BEST Ucargo.

Insider Buying and Selling by Quarter for BEST (NYSE:BSTI)

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