Northland Securities analyst Michael Grondahl maintained a Buy rating on Aspen Group (ASPU) today and set a price target of $14.00. The company’s shares closed last Monday at $11.95, close to its 52-week high of $13.17.
According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 14.2% and a 57.7% success rate. Grondahl covers the Financial sector, focusing on stocks such as Altisource Portfolio Solutions SA, International Money Express, and WisdomTree Investments.
Aspen Group has an analyst consensus of Strong Buy, with a price target consensus of $13.80, a 16.3% upside from current levels. In a report issued on August 31, B.Riley FBR also reiterated a Buy rating on the stock with a $14.00 price target.
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The company has a one-year high of $13.17 and a one-year low of $4.65. Currently, Aspen Group has an average volume of 228.8K.
Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is neutral on the stock. Most recently, in July 2020, Michael Mathews, the CEO of ASPU bought 66,667 shares for a total of $152,001.
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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. It offers certificate programs and associate, bachelor, master, and doctoral degree programs in areas, including business and organization management, education, nursing, information technology, and general studies. The company was founded in 1987 and is headquartered in New York, NY.