Minerva Neurosciences (NERV) Receiving Somewhat Positive Media Coverage, Report Shows

News stories about Minerva Neurosciences (NASDAQ:NERV) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Minerva Neurosciences earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave headlines about the biopharmaceutical company an impact score of 47.6368032482121 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of Minerva Neurosciences (NASDAQ:NERV) traded up $0.20 on Friday, reaching $5.40. 198,400 shares of the company were exchanged, compared to its average volume of 217,429. Minerva Neurosciences has a twelve month low of $4.80 and a twelve month high of $14.15.

Minerva Neurosciences (NASDAQ:NERV) last announced its quarterly earnings results on Monday, November 6th. The biopharmaceutical company reported ($0.28) EPS for the quarter. During the same quarter last year, the business posted ($0.24) EPS. equities analysts forecast that Minerva Neurosciences will post -1.28 earnings per share for the current year.

NERV has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Minerva Neurosciences from a “hold” rating to a “buy” rating and set a $6.75 price objective on the stock in a research note on Tuesday, September 5th. Citigroup Inc. initiated coverage on shares of Minerva Neurosciences in a research note on Friday, September 1st. They set a “buy” rating and a $11.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $13.94.

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About Minerva Neurosciences

Minerva Neurosciences, Inc is a clinical-stage biopharmaceutical company. The Company is focused on the development and commercialization of a portfolio of product candidates to treat patients suffering from central nervous system (CNS) diseases. The Company’s product portfolio and indications include MIN-101 for the treatment of schizophrenia; MIN-202, for the treatment of insomnia disorder and major depressive disorder (MDD); MIN-117, for the treatment of MDD, and MIN-301 for the treatment of Parkinson’s disease.

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