Atento (ATTO) Earning Somewhat Positive Press Coverage, Analysis Shows

News stories about Atento (NYSE:ATTO) have been trending somewhat positive on Sunday, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Atento earned a news impact score of 0.14 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 45.6751991708277 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

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

Shares of Atento (ATTO) traded up 0.85% during trading on Friday, reaching $11.90. 17,713 shares of the company’s stock traded hands. The company has a market cap of $879.52 million, a price-to-earnings ratio of 63.64 and a beta of 0.04. Atento has a 52-week low of $6.85 and a 52-week high of $12.05. The company’s 50-day moving average is $11.42 and its 200 day moving average is $9.85.

Several equities analysts have recently commented on ATTO shares. Bank of America Corporation boosted their target price on shares of Atento from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Tuesday, July 25th. Zacks Investment Research cut shares of Atento from a “hold” rating to a “sell” rating in a research report on Tuesday, June 20th. ValuEngine upgraded shares of Atento from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Barrington Research started coverage on shares of Atento in a research report on Monday, April 24th. They set an “outperform” rating and a $14.00 price objective for the company.

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About Atento

Atento SA is a provider of customer-relationship management and business-process outsourcing (CRM BPO) services and solutions in Latin America. The Company offers a portfolio of CRM BPO services, including customer care, sales, collections, back office and technical support. The Company operates through three segments: EMEA, Americas and Brazil.

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