Arctic Cat (ACAT) Given Daily Coverage Optimism Rating of -0.17
News coverage about Arctic Cat (NASDAQ:ACAT) has been trending somewhat negative on Thursday, according to Alpha One. The research group, a service of Accern, identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Arctic Cat earned a coverage optimism score of -0.17 on Alpha One’s scale. Alpha One also assigned media stories about the company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the company’s share price in the next few days.
ACAT has been the topic of a number of research reports. Robert W. Baird downgraded Arctic Cat from an “outperform” rating to a “neutral” rating and set a $15.00 price target on the stock. in a research report on Monday, January 9th. Wells Fargo & Co downgraded Arctic Cat from a “market perform” rating to an “underperform” rating in a research report on Wednesday, January 25th. Jefferies Group LLC downgraded Arctic Cat from a “buy” rating to a “hold” rating and set a $18.50 price target on the stock. in a research report on Thursday, January 26th. Wunderlich restated a “hold” rating and set a $18.50 price target on shares of Arctic Cat in a research report on Wednesday, February 8th. Finally, BMO Capital Markets restated a “hold” rating and set a $18.50 price target on shares of Arctic Cat in a research report on Friday, January 27th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. Arctic Cat has a consensus rating of “Hold” and an average target price of $17.42.
Arctic Cat (NASDAQ:ACAT) opened at 18.50 on Thursday. The stock has a 50 day moving average price of $17.66 and a 200 day moving average price of $15.72. Arctic Cat has a 12-month low of $12.13 and a 12-month high of $19.82.
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About Arctic Cat
Arctic Cat Inc (Arctic Cat) designs, engineers, manufactures and markets snowmobiles and all-terrain vehicles (ATVs) and recreational off-highway vehicles (side-by-sides or ROVs), as well as related parts, garments and accessories (PG&A). The Company offers its products under the Arctic Cat and MotorFist brand names.
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