Media stories about Star Bulk Carriers (NASDAQ:SBLK) have been trending somewhat positive on Friday, Accern reports. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog 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. Star Bulk Carriers earned a daily sentiment score of 0.06 on Accern’s scale. Accern also assigned media stories about the shipping company an impact score of 46.6999970092698 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of brokerages have weighed in on SBLK. Zacks Investment Research raised Star Bulk Carriers from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research report on Friday, October 20th. Stifel Nicolaus set a $11.00 price target on Star Bulk Carriers and gave the stock a “hold” rating in a research report on Sunday, October 22nd. TheStreet downgraded Star Bulk Carriers from a “c” rating to a “d+” rating in a research report on Thursday, September 28th. Finally, Jefferies Group began coverage on Star Bulk Carriers in a research report on Monday, December 18th. They set a “buy” rating and a $15.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $13.00.
Star Bulk Carriers (SBLK) opened at $11.80 on Friday. Star Bulk Carriers has a 12-month low of $6.53 and a 12-month high of $13.40. The company has a debt-to-equity ratio of 0.96, a current ratio of 6.93 and a quick ratio of 6.93. The company has a market capitalization of $757.01, a P/E ratio of -6.31 and a beta of 2.73.
Star Bulk Carriers Corp. is an international shipping company. The Company owns and operates a fleet of dry bulk carrier vessels. As of December 31, 2016, the Company’s fleet included 73 vessels consisting primarily of Newcastlemax and Capesize, as well as Kamsarmax, Ultramax and Supramax vessels with a carrying capacity between 52,055 and 209,537 deadweight tonnage (dwt).
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