Headlines about Arcos Dorados (NYSE:ARCO) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Arcos Dorados earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave media headlines about the restaurant operator an impact score of 44.597295490842 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s analysis:
- 7 Stocks Ready To Climb Another 30% in 2018 (benzinga.com)
- Brandes Investment Partners LP Has Trimmed Arcos Dorados Holdings (ARCO) Stake By $42.53 Million; Central … – Hill Country Times (hillcountrytimes.com)
- Head to Head Comparison: Arcos Dorados (ARCO) and Wingstop (WING) (americanbankingnews.com)
- Busiest year for Brazilian IPOs since 2013 ends on flat note – Nasdaq (nasdaq.com)
- Arcos Dorados Target of Unusually High Options Trading (ARCO) (americanbankingnews.com)
A number of research firms recently issued reports on ARCO. BidaskClub upgraded shares of Arcos Dorados from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 14th. Zacks Investment Research upgraded shares of Arcos Dorados from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a report on Friday, November 10th. Citigroup upgraded shares of Arcos Dorados from a “neutral” rating to a “buy” rating and boosted their target price for the company from $10.10 to $10.60 in a report on Monday, August 28th. HSBC began coverage on shares of Arcos Dorados in a report on Wednesday, November 15th. They issued a “buy” rating and a $12.00 target price for the company. Finally, TheStreet upgraded shares of Arcos Dorados from a “c+” rating to a “b” rating in a report on Tuesday, November 21st. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Arcos Dorados has a consensus rating of “Buy” and an average price target of $11.15.
Arcos Dorados Company Profile
Arcos Dorados Holdings Inc is a McDonald’s franchisee. The Company operates or franchises over 2,140 McDonald’s-branded restaurants. It divides its operations into four geographical divisions: Brazil; the Caribbean division, consisting of Aruba, Colombia, Curacao, French Guiana, Guadeloupe, Martinique, Puerto Rico, Trinidad and Tobago, the United States Virgin Islands of Saint Croix and Saint Thomas, and Venezuela; the North Latin America division (NOLAD), consisting of Costa Rica, Mexico and Panama, and the South Latin America division (SLAD), consisting of Argentina, Chile, Ecuador, Peru and Uruguay.
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