BMO Capital analyst Jeffrey Silber maintained a Buy rating on Laureate Education (LAUR – Research Report) today and set a price target of $14.00. The company’s shares opened today at $12.31.
According to TipRanks, Silber is a 5-star analyst with an average return of 12.4% and a 63.57% success rate. Silber covers the Services sector, focusing on stocks such as Adtalem Global Education, Chegg, and Stride.
Currently, the analyst consensus on Laureate Education is a Moderate Buy with an average price target of $14.50.
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Based on Laureate Education’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $385.38 million and a net profit of $43.42 million. In comparison, last year the company earned a revenue of $327.58 million and had a GAAP net loss of $29 million
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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.
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