Roth Capital Thinks Aspen Group Inc’s Stock is Going to Recover


Roth Capital analyst Darren Aftahi maintained a Buy rating on Aspen Group Inc (ASPU) today and set a price target of $11.25. The company’s shares closed yesterday at $5.66, close to its 52-week low of $5.01.

According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 9.1% and a 49.5% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine Inc, The Meet Group Inc, and Mitek Systems Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Aspen Group Inc with a $11.25 average price target.

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Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ASPU in relation to earlier this year. Most recently, in October 2018, Sanford Rich, a Director at ASPU bought 20,834 shares for a total of $45,501.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Aspen Group, Inc. is a holding company, which engages in the provision of education. It operates through its subsidiary Aspen University and United States University.

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