Tag: Corning Inc

Mixed sentiments for Corning Incorporated.

GLW – Corning Inc, is engaged in the manufacture of speciality glass and ceramics.GLW – Corning Inc, is engaged in the manufacture of speciality glass and ceramics.

GLW – Corning Incorporated

Fundamentals Previously closed at 20.29
Day’s high 20.39
Day’s low 20.05
P/E ratio 52.10
EPS 0.40

 

Analysts opinion Citigroup initiated a “Buy” rating for Corning Stock with a Price Target of $23. State officials have awarded Corning with a 10 year, $8.3 million, Grow NJ grant to encourage the firm to invest in its Vineland Plant – which is a joint venture of Corning and Gerresheimer for manufacturing pharmaceutical glass.  Analyst confidence meter, a proprietary algorithm of Stockal gives 53% buy based on analyst ratings.
Sentiments Stockman Asset Management cut its stake in Corning Incorporated by 9.9% during Q1 this year. Also, on June 7th, CFO Tony Tripeny sold 7,500 shares. The sentiment index is 100% negative according to Stockal proprietary algorithm.
Social Media Pulse The stock has 18% lower social media chatter than usual.

Disclaimer: This blog contains an aggregated view of analysts and opinions by the author. Do not consider this as financial advice. See http://stockal.com/legalities/