Press coverage about CommVault Systems (NASDAQ:CVLT) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. CommVault Systems earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news coverage about the software maker an impact score of 44.4976257356212 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several research firms have commented on CVLT. Royal Bank of Canada restated a “hold” rating on shares of CommVault Systems in a research report on Monday, October 9th. UBS Group cut shares of CommVault Systems from an “overweight” rating to a “neutral” rating in a report on Tuesday, October 24th. BidaskClub upgraded shares of CommVault Systems from a “strong sell” rating to a “sell” rating in a report on Thursday, January 4th. Wells Fargo & Co initiated coverage on shares of CommVault Systems in a research note on Tuesday, November 14th. They set an “outperform” rating and a $64.00 target price for the company. Finally, Zacks Investment Research lowered shares of CommVault Systems from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $70.00.
Shares of CommVault Systems (NASDAQ:CVLT) opened at $53.90 on Tuesday. The company has a market cap of $2,489.39, a P/E ratio of 1,347.84, a P/E/G ratio of 65.33 and a beta of 1.44. CommVault Systems has a 12-month low of $47.61 and a 12-month high of $64.60.
CommVault Systems Company Profile
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