Aspen Group Inc (ASPU) Receives a Buy from Roth Capital


Roth Capital analyst Darren Aftahi maintained a Buy rating on Aspen Group Inc (ASPU) yesterday and set a price target of $9.50. The company’s shares closed yesterday at $5.10.

According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 12.0% and a 54.4% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine Inc, The Meet Group Inc, and Mitek Systems Inc.

Currently, the analyst consensus on Aspen Group Inc is a Moderate Buy with an average price target of $9.50.

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Based on Aspen Group Inc’s latest earnings release for the quarter ending October 31, the company reported a quarterly GAAP net loss of $2.48 million. In comparison, last year the company had a GAAP net loss of $2.15 million.

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is neutral on the stock.

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.

Aspen Group, Inc. is a holding company, which engages in the provision of education. It operates through its subsidiary Aspen University and United States University.

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