In a report released today, Alexander Paris from Barrington reiterated a Buy rating on Lincoln Edu (LINC), with a price target of $8.50. The company’s shares closed last Wednesday at $5.65.
According to TipRanks.com, Paris is a 3-star analyst with an average return of 1.6% and a 44.1% success rate. Paris covers the Services sector, focusing on stocks such as Universal Technical Institute, American Public Education, and Adtalem Global Education.
Lincoln Edu has an analyst consensus of Moderate Buy, with a price target consensus of $10.25, a 73.7% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a $12.00 price target.
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Lincoln Edu’s market cap is currently $149.2M and has a P/E ratio of 15.80. The company has a Price to Book ratio of 5.44.
Based on the recent corporate insider activity of 26 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 LINC 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.
Lincoln Educational Services Corp. engages in the provision of post-secondary education to high school graduates and working adults. It operates through the following segments: Transportation and Skilled Trades; Healthcare and Other Professions; and Transitional. The Transportation and Skilled Trades segment offers academic programs mainly in the disciplines of transportation and skilled trades such as automotive; diesel; heating, ventilation, and air conditioning; welding; and manufacturing. The Healthcare and Other Professions segment provides academic programs in the disciplines of health sciences, hospitality and business, and information technology. The Transitional segment refers to campuses that are being taught-out and closed, and operations that are being phased out. The company was founded in 1946 and is headquartered in West Orange, NJ.
