Media headlines about New Age Beverages (NASDAQ:NBEV) have trended positive on Monday, according to Accern Sentiment. Accern rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. New Age Beverages earned a news impact score of 0.27 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.2931409466616 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- New Age Beverages (NBEV) Rating Increased to Buy at ValuEngine (americanbankingnews.com)
- New Age Beverages Corp (NBEV) Given Consensus Recommendation of “Buy” by Analysts (americanbankingnews.com)
- Zacks Investment Research Upgrades New Age Beverages (NBEV) to Buy (americanbankingnews.com)
- New Age Beverages (NBEV) Downgraded to Hold at Zacks Investment Research (americanbankingnews.com)
NBEV has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of New Age Beverages from a “sell” rating to a “hold” rating in a report on Tuesday, January 16th. ValuEngine upgraded shares of New Age Beverages from a “hold” rating to a “buy” rating in a report on Saturday. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $5.63.
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About New Age Beverages
New Age Beverages Corporation, a healthy functional beverage company, engages in the development, marketing, sales, and distribution of beverages. It offers ready to drink tea, kombucha, energy drinks, and functional waters under XingTea, XingEnergy, Aspen Pure, and Bucha Live Kombucha brand names. The company offers its products directly, as well as through store delivery distribution systems in the United States and internationally.
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