Afya Limited (NASDAQ:AFYA) Receives $17.30 Consensus Price Target from Analysts

Shares of Afya Limited (NASDAQ:AFYA) have received an average recommendation of “Hold” from the eight research firms that are currently covering the stock, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $17.30.

AFYA has been the topic of several research reports. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $22.00 price objective (down from $24.50) on shares of Afya in a research report on Wednesday, January 7th. Sanford C. Bernstein raised shares of Afya to a “market perform” rating in a research report on Friday, January 16th. Bank of America cut shares of Afya from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $22.00 to $17.00 in a research report on Tuesday, February 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Afya in a research report on Wednesday, January 21st. Finally, Wall Street Zen lowered Afya from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 31st.

Institutional Trading of Afya

A number of hedge funds and other institutional investors have recently made changes to their positions in AFYA. Daiwa Securities Group Inc. acquired a new stake in shares of Afya in the 4th quarter valued at about $43,000. Militia Capital Partners LP bought a new position in Afya during the 2nd quarter worth approximately $71,000. Quantbot Technologies LP acquired a new position in Afya in the second quarter worth $117,000. Van ECK Associates Corp increased its stake in Afya by 15.7% during the third quarter. Van ECK Associates Corp now owns 10,170 shares of the company’s stock valued at $159,000 after purchasing an additional 1,377 shares during the last quarter. Finally, State of Wyoming acquired a new stake in shares of Afya during the second quarter worth $164,000. Institutional investors own 88.02% of the company’s stock.

Afya Trading Down 1.1%

Shares of AFYA stock opened at $13.88 on Monday. Afya has a fifty-two week low of $13.00 and a fifty-two week high of $19.90. The firm’s 50 day moving average price is $14.46 and its two-hundred day moving average price is $14.79. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 9.99, a price-to-earnings-growth ratio of 0.63 and a beta of 0.52. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.21.

Afya Company Profile

Afya Ltd. operates as a leading provider of medical education and training services in Brazil. The company offers a comprehensive suite of educational programs that span undergraduate medical degrees, residency exam preparation, continuing medical education (CME) and digital learning platforms. Through a network of partner institutions and its own campus operations, Afya supports students at every stage of the medical training continuum, from enrollment in medical schools to ongoing professional development for practicing physicians.

At the core of Afya’s offerings is its undergraduate medical program, delivered through a combination of in-person courses at affiliated campuses and fully digital curricula.