Barrington analyst Alexander Paris maintained a Buy rating on Adtalem Global Education Inc (NYSE: ATGE) today and set a price target of $60. The company’s shares closed on Friday at $50.65, equals to its 52-week high of $50.65.
According to TipRanks.com, Paris is a 4-star analyst with an average return of 13.2% and a 64.0% success rate. Paris covers the Services sector, focusing on stocks such as American Public Education, Capella Education Company, and Franklin Covey Company.
Adtalem Global Education Inc has an analyst consensus of Strong Buy, with a price target consensus of $56.75, a 12.0% upside from current levels. In a report issued on June 29, Piper Jaffray also maintained a Buy rating on the stock with a $58 price target.
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Based on Adtalem Global Education Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $39.33 million. In comparison, last year the company had a net profit of $42.86 million.
Based on the recent corporate insider activity of 78 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2018, Ronald L. Taylor, an Insider at ATGE sold 18,880 shares for a total of $882,829.
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.
Adtalem Global Education, Inc. engages in the provision of educational services. Its institutions offer a wide array of programs in business, healthcare and technology and serve students in secondary postsecondary education as well as accounting and finance professionals.
