News articles about Systemax (NYSE:SYX) have trended positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Systemax earned a news impact score of 0.28 on Accern’s scale. Accern also gave news stories about the company an impact score of 46 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Systemax (NYSE:SYX) opened at 19.06 on Friday. The company has a 50-day moving average of $17.40 and a 200 day moving average of $11.74. Systemax has a 12-month low of $7.05 and a 12-month high of $20.67. The firm’s market cap is $704.34 million.
A number of equities analysts have recently commented on the stock. Sidoti reiterated a “neutral” rating and set a $22.00 price target (up previously from $20.00) on shares of Systemax in a report on Sunday, June 25th. TheStreet upgraded shares of Systemax from a “c” rating to a “b-” rating in a report on Monday, June 5th.
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Systemax Inc is a direct marketer of brand name and private label products. The Company’s segments are Industrial Products Group (IPG), EMEA Technology Products Group (EMEA), and Corporate and Other (Corporate). The IPG segment sells an array of maintenance, repair and operational (MRO) products, which are marketed in North America.
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