Career Education Corp (CECO) Receives a Buy from Barrington


Barrington analyst Alexander Paris reiterated a Buy rating on Career Education Corp (CECO) today and set a price target of $18. The company’s shares closed yesterday at $13.94.

According to TipRanks.com, Paris is a 4-star analyst with an average return of 9.3% and a 52.1% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, Franklin Covey Company, and Grand Canyon Education.

Career Education Corp has an analyst consensus of Moderate Buy, with a price target consensus of $18.

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Based on Career Education Corp’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $14.86 million. In comparison, last year the company had a GAAP net loss of $44.38 million.

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Career Education Corp. engages in the provision of educational services. It operates through the following segments: Colorado Technical University (CTU), American InterContinental University (AIU), and All other Campuses.