Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp (SBS) Receiving Somewhat Negative Press Coverage, AlphaOne Reports

News coverage about Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp (NYSE:SBS) has trended somewhat negative on Saturday, AlphaOne reports. AlphaOne, a service of Accern, scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp earned a news sentiment score of -0.02 on AlphaOne’s scale. AlphaOne also gave news headlines about the utilities provider an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.

Insider Buying and Selling by Quarter for Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (NYSE:SBS)

A number of brokerages have issued reports on SBS. Standpoint Research downgraded shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp from a “buy” rating to a “hold” rating in a research report on Monday, March 6th. Citigroup Inc. downgraded shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp from a “neutral” rating to a “sell” rating in a research report on Thursday, April 20th. Finally, Zacks Investment Research raised shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research report on Friday, May 19th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp presently has a consensus rating of “Hold” and a consensus target price of $12.00.

Shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp (SBS) traded up 4.02% on Friday, reaching $9.58. 4,808,222 shares of the company’s stock were exchanged. The stock has a market cap of $6.55 billion, a price-to-earnings ratio of 7.13 and a beta of 1.79. The company’s 50 day moving average is $9.24 and its 200-day moving average is $9.62. Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp has a one year low of $7.76 and a one year high of $11.22.

The firm also recently announced a dividend, which will be paid on Tuesday, June 27th. Shareholders of record on Monday, April 10th will be paid a $0.3843 dividend. The ex-dividend date of this dividend is Thursday, April 6th. Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp’s payout ratio is 23.48%.

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Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp Company Profile

Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP is a water and sewage service provider. The Company provides water and sewage services to a range of residential, commercial, industrial and governmental customers in over 360 municipalities in the state of Sao Paulo, including the city of Sao Paulo.

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