Barrington Thinks GP Strategies’ Stock is Going to Recover
Barrington analyst Alexander Paris reiterated a Buy rating on GP Strategies (NYSE: GPX) today and set a price target of $25. The company’s shares opened today at $17.74, close to its 52-week low of $16.40.
According to TipRanks.com, Paris is a 4-star analyst with an average return of 8.5% and a 46.5% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Franklin Covey Company.
GP Strategies has an analyst consensus of Moderate Buy, with a price target consensus of $24.50, a 38.1% upside from current levels. In a report issued on October 3, B.Riley FBR also reiterated a Buy rating on the stock with a $24 price target.
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The company has a one-year high of $31 and a one-year low of $16.40. Currently, GP Strategies has an average volume of 42.97K.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GPX in relation to earlier this year.
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GP Strategies Corp. provides training, e-Learning solutions, management consulting and engineering services. It operates through the following segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, and Performance Readiness Solutions.