Instructure Inc (INST) Receives a Buy from Barrington


In a report released today, Alexander Paris from Barrington maintained a Buy rating on Instructure Inc (INST), with a price target of $50. The company’s shares closed yesterday at $40.86.

According to TipRanks.com, Paris is a 3-star analyst with an average return of 2.0% and a 44.7% 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 Instructure Inc is a Moderate Buy with an average price target of $44.17.

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The company has a one-year high of $49.18 and a one-year low of $29.48. Currently, Instructure Inc has an average volume of 485.8K.

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Instructure, Inc. is a software-as-a-service technology company, which engages in creating software. It also involves in providing cloud-based learning management platform for academic institutions and companies. The company was founded by Devlin Daley and Brian Whitmer in September, 2008 and is headquartered in Salt Lake City, UT.

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