Barrington analyst Alexander Paris maintained a Buy rating on Strategic Education Inc (NASDAQ: STRA) today and set a price target of $160. The company’s shares opened today at $137.40, close to its 52-week high of $140.
Paris said:
“We recently (8/21) initiated coverage of Strategic Education, Inc. with an OUTPERFORM investment rating and a 12‐month price target of $160, suggesting nearly 20% upside from current levels.”
According to TipRanks.com, Paris is a 4-star analyst with an average return of 11.3% and a 53.7% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Grand Canyon Education.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Strategic Education Inc with a $163.50 average price target, representing a 19.0% upside. In a report issued on September 27, Piper Jaffray also reiterated a Buy rating on the stock with a $175 price target.
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Based on Strategic Education Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $5.19 million. In comparison, last year the company had a net profit of $6.23 million.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock.
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Strategic Education, Inc. engages in the provision of educational services. It focuses on improving college affordability, student engagement and workforce readiness. The company was founded on August 1, 2018 and is headquartered in Herndon, VA.
