Barrington analyst Alexander Paris maintained a Buy rating on Franklin Covey Company (FC) today and set a price target of $30. The company’s shares closed yesterday at $24.52.
Paris wrote:
“We expect to see a significant increase in revenue and adjusted EBITDA in FY/19 and beyond, as deferred revenue is recognized as revenue and income.”
According to TipRanks.com, Paris is a 4-star analyst with an average return of 4.0% and a 45.8% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Strategic Education Inc.
Franklin Covey Company has an analyst consensus of Moderate Buy, with a price target consensus of $30, which is a 22.3% upside from current levels. In a report issued on January 18, B.Riley FBR also reiterated a Buy rating on the stock with a $30 price target.
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The company has a one-year high of $30.85 and a one-year low of $20.52. Currently, Franklin Covey Company has an average volume of 28.25K.
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Franklin Covey Co. engages in consulting and training in the areas of strategy execution, customer loyalty, leadership, and individual effectiveness. It operates through the following three segments: Direct Offices, Education Practice and International Licensees.
