Barrington analyst Alexander Paris reiterated a Buy rating on Chegg Inc (CHGG) today and set a price target of $44. The company’s shares opened today at $38.10.
According to TipRanks.com, Paris is a 5-star analyst with an average return of 10.6% and a 56.5% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Strategic Education Inc.
Currently, the analyst consensus on Chegg Inc is a Moderate Buy with an average price target of $42.11, which is a 10.5% upside from current levels. In a report released yesterday, Northland Securities also reiterated a Buy rating on the stock with a $40 price target.
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The company has a one-year high of $41.69 and a one-year low of $21.38. Currently, Chegg Inc has an average volume of 2.1M.
Based on the recent corporate insider activity of 104 insiders, corporate insider sentiment is negative on the stock.
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Chegg, Inc. engages in the operations of learning platform for students. It intends to empower students to take control of their education and help the students study, college admissions exams, accomplish their goals, get grades, and test scores.
