In a report released today, Javier Martinez Olcoz Cerdan from Morgan Stanley upgraded Laureate Education (LAUR – Research Report) to a Buy, with a price target of $17.00. The company’s shares closed last Friday at $13.39.
According to TipRanks, Martinez Olcoz Cerdan is a 3-star analyst with an average return of 4.9% and a 54.84% success rate.
Laureate Education has an analyst consensus of Moderate Buy, with a price target consensus of $16.00, a 19.49% upside from current levels. In a report released on August 3, BMO Capital also maintained a Buy rating on the stock with a $15.00 price target.
See today’s best-performing stocks on TipRanks >>
LAUR market cap is currently $2.11B and has a P/E ratio of 27.99.
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 LAUR 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.
Laureate Education, Inc. engages in the provision of higher educational services to undergraduate and graduate degree programs. It operates through the following segments: Online & Partnerships, Brazil, Mexico, Rest of the World, and Andean. The firm offers different fields of study including business, education, engineering, information technology, law, and medicine through Laureate International Universities network. The company was founded by Douglas L. Becker in 1989 and is headquartered in Baltimore, MD.
Read More on LAUR:
- Laureate Education Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2023
- Laureate Education sees FY23 revenue $1.483B-$1.495B
- Laureate Education reports Q2 EPS 35c vs 25c last year
- Laureate Education Announces Date of Second Quarter 2023 Earnings Release and Conference Call
