Positive Press Coverage Somewhat Unlikely to Affect BEST (BSTI) Share Price

News articles about BEST (NYSE:BSTI) have been trending positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BEST earned a media sentiment score of 0.34 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.9048518587281 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of BEST (BSTI) opened at $9.23 on Friday. BEST has a 1-year low of $8.72 and a 1-year high of $13.25.

A number of research firms recently commented on BSTI. Credit Suisse Group began coverage on shares of BEST in a report on Monday, October 16th. They set an “outperform” rating for the company. Oppenheimer began coverage on shares of BEST in a report on Tuesday, December 5th. They set an “outperform” rating and a $13.00 price target for the company. Stifel Nicolaus began coverage on shares of BEST in a report on Monday, October 16th. They set a “buy” rating and a $16.00 price target for the company. Goldman Sachs Group began coverage on shares of BEST in a report on Sunday, October 15th. They set a “buy” rating and a $16.60 price target for the company. Finally, KeyCorp began coverage on shares of BEST in a report on Monday, October 16th. They set an “overweight” rating and a $16.00 price target for the company. One analyst has rated the stock with a sell rating and eight have issued a buy rating to the stock. BEST has an average rating of “Buy” and a consensus price target of $14.92.

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BEST Company Profile

BEST Inc is engaged in providing supply chain solutions. The Company offers a cloud based platform, BEST Cloud which is integration of online and offline retail to offer delivery. It provides technology-enabled solutions to its users. The Company’s service offerings include BEST supply chain management, BEST express, BEST freight, BEST store+, BEST global, BEST cargo and BEST Ucargo.

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