News headlines about Ingevity Corp (NASDAQ:NGVT) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ingevity Corp earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.7860059678825 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several equities analysts have commented on the stock. Zacks Investment Research cut shares of Ingevity Corp from a “hold” rating to a “sell” rating in a research report on Wednesday, April 26th. Jefferies Group LLC set a $68.00 price target on shares of Ingevity Corp and gave the company a “buy” rating in a research report on Wednesday, July 5th. Finally, Aegis reissued a “buy” rating and issued a $67.00 price target on shares of Ingevity Corp in a research report on Tuesday, July 4th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $64.75.
Ingevity Corp (NASDAQ:NGVT) opened at 55.93 on Friday. The stock has a market cap of $2.36 billion and a PE ratio of 44.67. The firm has a 50-day moving average of $57.79 and a 200 day moving average of $58.27. Ingevity Corp has a 12 month low of $40.24 and a 12 month high of $65.02.
Ingevity Corp Company Profile
Ingevity Corporation is a manufacturer of specialty chemicals and high performance carbon materials. The Company is also a manufacturer of activated carbon used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats. The Company operates through two segments: Performance Materials and Performance Chemicals.
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