Why Credit Suisse Is Now Positive on Education Stocks
Credit Suisse made a point to highlight key education companies that stand to outperform the markets in 2016. Interestingly, some of these companies with the positive rating are in the for-profit education space.
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Credit Suisse made a point to highlight key education companies that stand to outperform the markets in 2016. Interestingly, some of these companies with the positive rating are in the for-profit education space. 24/7 Wall St. has put together a montage of these companies and their respective ratings. We have also included the consensus price target, a recent trading history and the 52-week trading range.
Bright Horizons Family Solutions Inc. (NYSE: BFAM) has an Outperform rating with a price target of $74. Shares of Bright Horizons were trading down on Wednesday by 0.5% to $68.11. Its consensus analyst price target is $68.63, and the 52-week trading range is $48.22 to $70.59.
Houghton Mifflin Harcourt Co. (NASDAQ: HMHC) has an Outperform rating with a $23 price target. Shares of Houghton Mifflin recently were up 2.7% at $17.41, with a consensus price target of $25.50 and a 52-week range of $16.42 to $27.14.
Nord Anglia Education Inc. (NYSE: NORD) has an Outperform rating with a $23 price target. Shares of Nord were up 0.5% at $16.83, with a consensus analyst target of $24.36 and a 52-week range of $14.58 to $27.18.
Grand Canyon Education Inc. (NASDAQ: LOPE) has a Neutral rating with a $39 price target. Shares of Grand Canyon were down 0.8% at $36.18, within a 52-week range of $35.06 to $48.29. The consensus price target is $48.67.
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DeVry Education Group Inc. (NYSE: DV) was initiated with an Outperform rating and a $29 price target. Shares of DeVry were up 3.8% to $18.76. The consensus price target is $28.78, and the stock has traded within a 52-week trading range of $17.98 to $45.41.
Strayer Education Inc. (NASDAQ: STRA) was initiated with a Neutral rating and a $60 price target. Strayer shares were up 6.7% to $54.05, with a consensus analyst target of $56.67 and a 52-week range of $41.50 to $71.85.
Capella Education Co. (NASDAQ: CPLA) was initiated with an Outperform rating and a $57 price target. Capella shares were last seen up 5.1% to $44.96. They have a consensus price target of $52.75 and a 52-week trading range of $39.06 to $73.92.
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Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
