Adtalem Global Education Inc (ATGE) Receives a Buy from Barrington


Barrington analyst Alexander Paris reiterated a Buy rating on Adtalem Global Education Inc (ATGE) today and set a price target of $62. The company’s shares opened today at $47.37.

Paris observed:

“We are reiterating our OUTPERFORM investment rating and $62 price target, suggesting 24% upside from current levels.”

According to TipRanks.com, Paris is a 5-star analyst with an average return of 9.5% and a 54.8% success rate. Paris covers the Services sector, focusing on stocks such as American Public Education, Strategic Education Inc, and Grand Canyon Education.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adtalem Global Education Inc with a $56.67 average price target.

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Adtalem Global Education Inc’s market cap is currently $2.91B and has a P/E ratio of 21.53. The company has a Price to Book ratio of 2.04.

Based on the recent corporate insider activity of 95 insiders, corporate insider sentiment is negative on the stock.

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Adtalem Global Education, Inc. engages in the provision of educational services. It operates through the following segments: Medical and Healthcare, Professional Education, and Technology and Business. The Medical and Healthcare segment includes the operations of Ross University medical and veterinary schools, Chamberlain College of Nursing and Carrington.

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