After Barrington and Robert W. Baird gave 2U Inc (NASDAQ: TWOU) a Buy rating last month, the company received another Buy, this time from Oppenheimer. Analyst Brian Schwartz maintained a Buy rating on 2U Inc today. The company’s shares opened today at $73.42.
According to TipRanks.com, Schwartz is a top 25 analyst with an average return of 28.5% and a 77.9% success rate. Schwartz covers the Technology sector, focusing on stocks such as Ultimate Software, Instructure Inc, and Salesforce.com.
2U Inc has an analyst consensus of Strong Buy, with a price target consensus of $99.83, which is a 36.0% upside from current levels. In a report issued on July 31, Barrington also reiterated a Buy rating on the stock.
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The company has a one-year high of $98.58 and a one-year low of $45.50. Currently, 2U Inc has an average volume of 724.2K.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, Christopher Paucek, the CEO of TWOU bought 334,000 shares for a total of $200,400.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
2U, Inc. provides cloud-based software-as-a-service solutions for nonprofit colleges and universities to deliver education to qualified students. The firm’s cloud-based SaaS platform solutions include online campus, an online learning platform that enables its clients to offer educational content together with instructor-led classes in a live, intimate, and engaging setting through proprietary Web-based and mobile applications; and content management system, which enables its clients to author, review and deploy asynchronous content into their online programs. Its solutions also comprise application processing portal that automates the online application process for prospective students of its client’s programs; and customer relationship management deployments, which serve as the data hub for scheduling, student acquisition, student application, faculty admissions review, enrollment and student support for each program. The company was founded by Christopher J. Paucek in April 2008 and is headquartered in Lanham, MD.
