Ensco (ESV) Receiving Somewhat Favorable News Coverage, Analysis Finds

Media coverage about Ensco (NYSE:ESV) has been trending somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing 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. Ensco earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the offshore drilling services provider an impact score of 46.0960923938951 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the headlines that may have effected Accern’s rankings:

A number of equities analysts have commented on the stock. Cowen set a $6.00 target price on shares of Ensco and gave the stock a “hold” rating in a research note on Thursday, January 11th. Susquehanna Bancshares set a $7.00 target price on shares of Ensco and gave the stock a “hold” rating in a research note on Friday, January 12th. Piper Jaffray Companies downgraded shares of Ensco from an “overweight” rating to a “neutral” rating and set a $6.00 target price on the stock. in a research note on Thursday, January 11th. Credit Suisse Group downgraded shares of Ensco from an “outperform” rating to a “neutral” rating and set a $8.00 target price on the stock. in a research note on Tuesday, January 23rd. They noted that the move was a valuation call. Finally, Zacks Investment Research downgraded shares of Ensco from a “hold” rating to a “sell” rating in a research note on Monday, January 8th. Five research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $7.52.

Shares of Ensco (NYSE:ESV) opened at $5.01 on Thursday. Ensco has a 52-week low of $4.10 and a 52-week high of $11.12. The firm has a market cap of $2,180.00, a P/E ratio of -21.78 and a beta of 1.74. The company has a debt-to-equity ratio of 0.58, a current ratio of 5.04 and a quick ratio of 5.04.

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Ensco Company Profile

Ensco plc is an offshore contract drilling company. The Company provides offshore contract drilling services to the international oil and gas industry. Its segments include Floaters, Jackups and Other. The Floaters segment includes its drillships and semisubmersible rigs, and provides contract drilling.

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