Barrington analyst Alexander Paris reiterated a Buy rating on BridgePoint Edu (BPI) today. The company’s shares closed yesterday at $8.03.
Paris noted:
“Investment : Cross Country Healthcare recently traded at an EV/NTM EBITDA multiple of 9.1x (based on our estimates). The company’s most comparable publicly‐traded competitor, AMN Healthcare Services (NYSE: AMN) recently traded at an EV/NTM EBITDA multiple of 11.3x. Our 12‐month price target of $11 for Cross Country assumes an EV/NTM EBITDA multiple of 10x, so we find current valuation attractive.”
According to TipRanks.com, Paris is a 3-star analyst with an average return of 1.7% and a 44.6% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Strategic Education Inc.
BridgePoint Edu has an analyst consensus of Moderate Buy, with a price target consensus of $12.75.
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The company has a one-year high of $13.63 and a one-year low of $5.31. Currently, BridgePoint Edu has an average volume of 134.7K.
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Bridgepoint Education, Inc. provides postsecondary education services. Through Ashford University and University of the RockiesSM, it offers online programs such as contemporary college experience. Its services also include mobile and other learning platform for students.
