Media headlines about Tesco (NASDAQ:TESO) have been trending somewhat negative on Friday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tesco earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 43.4861171507473 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of NASDAQ TESO opened at $3.70 on Friday. Tesco has a one year low of $3.60 and a one year high of $9.65.
Separately, B. Riley reissued a “hold” rating on shares of Tesco in a research note on Friday, December 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $6.00.
Tesco Corporation is a provider of technology-based solutions for drilling, servicing and completion of wells for the upstream energy industry. The Company’s operations consist of top drives and automated pipe handling equipment sales and rentals; aftermarket sales and services, and tubular services, including related products and accessories sales.
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