RBC Capital analyst Matthew Hedberg maintained a Buy rating on PowerSchool (PWSC – Research Report) yesterday and set a price target of $22.00. The company’s shares closed yesterday at $16.64.
According to TipRanks, Hedberg is a 5-star analyst with an average return of 11.0% and a 55.49% success rate. Hedberg covers the Technology sector, focusing on stocks such as Teradata, Altair Engineering, and Bentley Systems.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for PowerSchool with a $27.00 average price target, representing a 62.26% upside. In a report released today, Barclays also maintained a Buy rating on the stock with a $23.00 price target.
The company has a one-year high of $25.16 and a one-year low of $16.15. Currently, PowerSchool has an average volume of 831.9K.
Based on the recent corporate insider activity of 73 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 PWSC 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.
PowerSchool (PWSC) Company Description:
PowerSchool Holdings Inc is a provider of cloud-based software to the K-12 education market. Its cloud-based technology platform helps schools and districts efficiently manage state reporting and related compliance, special education, finance, HR, talent, registration, attendance, funding, learning, instruction, grading, college and career readiness, assessments, and analytics in one place. The company earns revenue from subscription offerings, perpetual software licenses, maintenance and support services, and professional services.
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