Nidec (NJ) Earning Somewhat Positive Press Coverage, Accern Reports

Press coverage about Nidec (NYSE:NJ) has trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nidec earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media headlines about the industrial goods maker an impact score of 45.1411691361573 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Nidec (NYSE:NJ) opened at 18.11 on Wednesday. Nidec has a 12 month low of $14.72 and a 12 month high of $22.89. The firm has a 50-day moving average price of $17.46 and a 200 day moving average price of $17.79.

A number of analysts recently weighed in on the company. Keefe, Bruyette & Woods assumed coverage on Nidec in a research report on Thursday, September 14th. They issued an “outperform” rating and a $14.00 target price for the company. DA Davidson restated a “neutral” rating and issued a $18.00 target price on shares of Nidec in a research report on Friday, September 1st.

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About Nidec

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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