In a report released today, Alexander Paris from Barrington maintained a Buy rating on K12 (LRN), with a price target of $30.00. The company’s shares closed last Monday at $24.21.
According to TipRanks.com, Paris has 0 stars on 0-5 star ranking scale with an average return of -9.3% and a 31.8% success rate. Paris covers the Services sector, focusing on stocks such as American Public Education, Adtalem Global Education, and Franklin Covey Company.
Currently, the analyst consensus on K12 is a Moderate Buy with an average price target of $26.50.
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K12’s market cap is currently $980.7M and has a P/E ratio of 30.33. The company has a Price to Book ratio of 1.51.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LRN in relation to earlier this year.
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.
K12, Inc. is a technology-based educational company, which offers proprietary and third party curriculum, software systems and educational services. It also offers online curriculum and career services to middle and high school students, under the Destinations Career Academy brand name.
