Barrington Thinks Adtalem Global Education Inc’s Stock is Going to Recover


In a report released today, Alexander Paris from Barrington maintained a Buy rating on Adtalem Global Education Inc (ATGE), with a price target of $55. The company’s shares closed yesterday at $43.73, close to its 52-week low of $42.70.

According to TipRanks.com, Paris is a 4-star analyst with an average return of 6.9% and a 48.5% success rate. Paris covers the Services sector, focusing on stocks such as American Public Education, Strategic Education Inc, and Grand Canyon Education.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Adtalem Global Education Inc with a $57.33 average price target, a 31.1% upside from current levels. In a report issued on May 14, Piper Jaffray also maintained a Buy rating on the stock with a $60 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $58.80 and a one-year low of $42.70. Currently, Adtalem Global Education Inc has an average volume of 325.3K.

Based on the recent corporate insider activity of 94 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.

Adtalem Global Education, Inc. engages in the provision of educational services. It operates through the following segments: Medical and Healthcare, Professional Education, and Technology and Business. The Medical and Healthcare segment includes the operations of Ross University medical and veterinary schools, Chamberlain College of Nursing and Carrington.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts