After KeyBanc and Barrington gave Pluralsight (NASDAQ: PS) a Buy rating last month, the company received another Buy, this time from Needham. Analyst Scott Berg maintained a Buy rating on Pluralsight today and set a price target of $25.00. The company’s shares closed last Monday at $17.71, close to its 52-week low of $14.84.
According to TipRanks.com, Berg is a 5-star analyst with an average return of 15.3% and a 64.7% success rate. Berg covers the Technology sector, focusing on stocks such as Cornerstone Ondemand, Ceridian HCM Holding, and Tyler Technologies.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Pluralsight with a $24.20 average price target, a 39.4% upside from current levels. In a report issued on October 31, KeyBanc also maintained a Buy rating on the stock with a $24.00 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $35.70 and a one-year low of $14.84. Currently, Pluralsight has an average volume of 1.76M.
Based on the recent corporate insider activity of 106 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 PS 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.
Pluralsight, Inc. engages in the provision of technology skill development solutions. It offers a cloud-based technology learning platform which provides a broad range of tool, including skill assessments, a curated library of courses, learning paths, and business analytics.
