In a report released today, Alexander Paris from Barrington reiterated a Buy rating on Lincoln Edu (LINC), with a price target of $3.50. The company’s shares closed yesterday at $3.15, close to its 52-week high of $3.34.
Paris said:
“We expect average enrollment (excluding the Transitional segment) of 10,903 in and end of period enrollment of 10,221, up 0.6% YOY.”
According to TipRanks.com, Paris is a 5-star analyst with an average return of 13.0% and a 60.6% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, Strategic Education Inc, and Grand Canyon Education.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lincoln Edu with a $3.50 average price target.
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The company has a one-year high of $3.34 and a one-year low of $1.55. Currently, Lincoln Edu has an average volume of 19.06K.
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Lincoln Educational Services Corp. engages in the provision of post-secondary education to high school graduates and working adults. It operates through the following segments: Transportation and Skilled Trades; Healthcare and Other Professions; and Transitional.
