Barrington analyst Alexander Paris maintained a Buy rating on Rosetta Stone (NYSE: RST) today and set a price target of $23. The company’s shares opened today at $20.29, close to its 52-week high of $21.54.
According to TipRanks.com, Paris is a 4-star analyst with an average return of 9.2% and a 50.7% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Franklin Covey Company.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rosetta Stone with a $26.50 average price target, a 30.6% upside from current levels. In a report issued on October 1, Dougherty also maintained a Buy rating on the stock with a $30 price target.
.
See today’s analyst top recommended stocks >>
Based on Rosetta Stone’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $4.16 million. In comparison, last year the company had a GAAP net loss of $3.23 million.
Based on the recent corporate insider activity of 32 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.
Rosetta Stone, Inc. engages in the provision of technology based language learning solutions. It develops, markets, and sells language learning solutions consisting of software products, online services, and audio practice tools under the Rosetta Stone brand.
