Positive Media Coverage Somewhat Unlikely to Affect WebMD Health Corp. (WBMD) Share Price

Media stories about WebMD Health Corp. (NASDAQ:WBMD) have been trending positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. WebMD Health Corp. earned a coverage optimism score of 0.38 on Accern’s scale. Accern also gave media headlines about the health services provider an impact score of 46.0663016569913 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

WebMD Health Corp. (NASDAQ:WBMD) traded up 0.02% during mid-day trading on Friday, reaching $66.48. The company’s stock had a trading volume of 3,214,195 shares. The stock has a market cap of $2.43 billion, a price-to-earnings ratio of 34.04 and a beta of 0.79. WebMD Health Corp. has a 12-month low of $48.10 and a 12-month high of $66.57. The firm’s 50 day moving average price is $66.35 and its 200 day moving average price is $58.11.

Several analysts recently weighed in on WBMD shares. Zacks Investment Research upgraded WebMD Health Corp. from a “hold” rating to a “buy” rating and set a $62.00 price target on the stock in a report on Tuesday, July 18th. SunTrust Banks, Inc. lowered WebMD Health Corp. from a “buy” rating to a “hold” rating and increased their price target for the company from $60.00 to $66.50 in a report on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $65.25.

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About WebMD Health Corp.

WebMD Health Corp. is a provider of health information services. The Company provides its services to consumers, physicians and other healthcare professionals through its Websites, mobile applications and health-focused publications. Advertisers and sponsors use The WebMD Health Network to reach and engage healthcare professionals and consumers who are interested in healthy living, wellness, diseases and conditions, and other health-related topics.

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