Barrington analyst Alexander Paris reiterated a Buy rating on Rosetta Stone (RST) today and set a price target of $24. The company’s shares opened today at $17.43.
According to TipRanks.com, Paris is a 4-star analyst with an average return of 10.2% and a 58.2% 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 Strong Buy analyst consensus rating for Rosetta Stone with a $25 average price target, a 43.4% upside from current levels. In a report issued on November 7, Lake Street also maintained a Buy rating on the stock with a $21 price target.
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Based on Rosetta Stone’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $6.49 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.
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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.
