News articles about Eagle Bulk Shipping (NASDAQ:EGLE) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Eagle Bulk Shipping earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave news headlines about the shipping company an impact score of 46.8728433496401 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the headlines that may have impacted Accern Sentiment’s analysis:
- Eagle Bulk Shipping Inc. Announces the Purchase of Ultramax Bulkcarrier – Nasdaq (nasdaq.com)
- FY2017 Earnings Forecast for Eagle Bulk Shipping Inc Issued By Seaport Global Securities (EGLE) (americanbankingnews.com)
- Contrasting Eagle Bulk Shipping (EGLE) and Paragon Shipping (PRGNF) (americanbankingnews.com)
- Paragon Shipping (PRGNF) versus Eagle Bulk Shipping (EGLE) Head-To-Head Survey (americanbankingnews.com)
Several equities research analysts recently commented on the stock. ValuEngine lowered shares of Eagle Bulk Shipping from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. Maxim Group set a $5.00 price target on shares of Eagle Bulk Shipping and gave the stock a “hold” rating in a research note on Wednesday, August 30th. Finally, Zacks Investment Research lowered shares of Eagle Bulk Shipping from a “buy” rating to a “hold” rating in a research note on Friday, November 17th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Eagle Bulk Shipping presently has an average rating of “Hold” and a consensus target price of $5.67.
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Eagle Bulk Shipping Company Profile
Eagle Bulk Shipping Inc is engaged primarily in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes. The Company operates in the Handymax sector of the dry bulk industry, with particular emphasis on the Supramax class of vessels.
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