Barrington Believes K12 Inc (LRN) Still Has Room to Grow


In a report released today, Alexander Paris from Barrington maintained a Buy rating on K12 Inc (LRN), with a price target of $40. The company’s shares opened today at $36.83, close to its 52-week high of $36.94.

According to TipRanks.com, Paris is a 5-star analyst with an average return of 10.7% and a 55.9% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Strategic Education Inc.

Currently, the analyst consensus on K12 Inc is a Moderate Buy with an average price target of $34.50.

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The company has a one-year high of $36.94 and a one-year low of $13.05. Currently, K12 Inc has an average volume of 347.8K.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative 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.

K12, Inc. engages in the provision of technology-based educational products and solutions to public school districts, public schools, virtual charter schools, private schools, and consumers. It offers online curriculum, software systems, and educational services designed to facilitate individualized learning for students primarily in kindergarten through 12th grade. The company was founded by Ronald J. Packard in 2000 and is headquartered in Herndon, VA.

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