Media stories about Nidec (NYSE:NJ) have been trending somewhat positive on Wednesday, 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. Nidec earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the industrial goods maker an impact score of 45.1377422614623 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.
NJ has been the topic of several research reports. DA Davidson reaffirmed a “neutral” rating and issued a $18.00 target price on shares of Nidec in a research report on Friday, September 1st. Keefe, Bruyette & Woods initiated coverage on Nidec in a research report on Thursday, September 14th. They issued an “outperform” rating and a $14.00 target price on the stock.
Nidec (NJ) opened at 18.11 on Wednesday. The stock has a 50 day moving average price of $17.46 and a 200 day moving average price of $17.79. Nidec has a 52-week low of $14.72 and a 52-week high of $22.89.
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Nidec Company Profile
Nidec Corporation is engaged in manufacturing of electric motors and related components and equipment. The Company focuses on providing brushless direct current (DC) motors for the information technology (IT) industry. The Company operates through nine segments: Nidec Corporation, Nidec Electronics (Thailand), Nidec Singapore, Nidec (H.K.), Nidec Sankyo, Nidec Copal, Nidec Techno Motor, Nidec Motor, and Nidec Motors & Actuators.
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