Brokerages Set Laureate Education Inc (LAUR) PT at $16.82

Shares of Laureate Education Inc (NASDAQ:LAUR) have been assigned a consensus rating of “Buy” from the fifteen research firms that are covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $16.82.

A number of brokerages have commented on LAUR. ValuEngine upgraded Laureate Education from a “sell” rating to a “hold” rating in a research note on Wednesday, November 29th. Barclays lowered their target price on Laureate Education from $17.00 to $15.00 and set an “equal weight” rating on the stock in a research note on Monday, November 20th. Morgan Stanley set a $18.00 target price on Laureate Education and gave the company a “buy” rating in a research note on Thursday, November 16th. Credit Suisse Group lowered their target price on Laureate Education from $20.00 to $19.00 and set an “outperform” rating on the stock in a research note on Thursday, November 9th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $18.00 target price (down previously from $21.00) on shares of Laureate Education in a research note on Thursday, November 9th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. GSA Capital Partners LLP bought a new stake in shares of Laureate Education during the 3rd quarter worth about $406,000. Neuberger Berman Group LLC lifted its position in shares of Laureate Education by 10.5% during the 3rd quarter. Neuberger Berman Group LLC now owns 1,504,042 shares of the company’s stock worth $21,884,000 after purchasing an additional 142,733 shares during the last quarter. Pacific Grove Capital LP acquired a new position in shares of Laureate Education during the 3rd quarter worth about $1,764,000. Highbridge Capital Management LLC acquired a new position in shares of Laureate Education during the 3rd quarter worth about $402,000. Finally, Alyeska Investment Group L.P. lifted its position in shares of Laureate Education by 52.4% during the 3rd quarter. Alyeska Investment Group L.P. now owns 1,562,135 shares of the company’s stock worth $22,729,000 after purchasing an additional 536,982 shares during the last quarter. Institutional investors own 28.36% of the company’s stock.

Shares of Laureate Education (LAUR) traded down $0.40 during midday trading on Monday, reaching $14.21. The company’s stock had a trading volume of 757,065 shares, compared to its average volume of 604,840. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 1.94. Laureate Education has a 1 year low of $10.46 and a 1 year high of $18.96. The stock has a market capitalization of $2,736.80 and a P/E ratio of -9.35.

Laureate Education (NASDAQ:LAUR) last issued its earnings results on Wednesday, November 8th. The company reported ($1.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.41). Laureate Education had a negative net margin of 1.47% and a negative return on equity of 2.66%. The firm had revenue of $983.40 million during the quarter, compared to analysts’ expectations of $972.59 million. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. equities research analysts forecast that Laureate Education will post -1.58 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Brokerages Set Laureate Education Inc (LAUR) PT at $16.82” was first reported by BBNS and is owned by of BBNS. If you are accessing this report on another publication, it was copied illegally and reposted in violation of United States & international copyright law. The legal version of this report can be viewed at https://baseballnewssource.com/markets/brokerages-set-laureate-education-inc-laur-pt-at-16-82/1803604.html.

Laureate Education Company Profile

Laureate Education, Inc provides higher education programs and services to students through an international network of licensed universities and higher education institutions (institutions). The Company’s programs are provided through institutions that are campus-based and Internet-based, or through electronically distributed educational programs (online).

Analyst Recommendations for Laureate Education (NASDAQ:LAUR)

Receive News & Ratings for Laureate Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laureate Education and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Red Sox: J.D. Martinez Continues His Physical at Spring Training Facility
Red Sox: J.D. Martinez Continues His Physical at Spring Training Facility
Three-Way Trade Sends Souza to Diamondbacks and Drury to Yankees
Three-Way Trade Sends Souza to Diamondbacks and Drury to Yankees
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Cubs Sign Free Agent Yu Darvish
Cubs Sign Free Agent Yu Darvish


Leave a Reply

 
© 2006-2018 BBNS.