News stories about Ternium (NYSE:TX) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ternium earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 47.1776000622784 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
A number of research firms have weighed in on TX. Zacks Investment Research upgraded shares of Ternium from a “hold” rating to a “buy” rating and set a $35.00 price target on the stock in a research note on Saturday, January 6th. Morgan Stanley raised Ternium from an “equal weight” rating to an “overweight” rating in a report on Wednesday, December 6th. ValuEngine raised Ternium from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Santander raised Ternium from a “hold” rating to a “buy” rating in a report on Monday, December 18th. Two analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Ternium currently has a consensus rating of “Buy” and a consensus price target of $31.10.
Shares of Ternium (NYSE:TX) opened at $34.37 on Friday. The firm has a market capitalization of $6,890.29, a PE ratio of 8.20 and a beta of 1.09. Ternium has a twelve month low of $22.17 and a twelve month high of $34.46. The company has a current ratio of 1.52, a quick ratio of 0.68 and a debt-to-equity ratio of 0.32.
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Ternium Company Profile
Ternium SA is a producer of steel products. The Company produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers, steel processors or end users. The Company operates through two segments: Steel and Mining. The Steel segment includes the sales of steel products and the Mining segment includes the sales of iron ore products, which are primarily inter-company.
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