In a report released today, Alexander Paris from Barrington reiterated a Buy rating on Universal Technical Institute (UTI – Research Report), with a price target of $10.00. The company’s shares closed yesterday at $6.79.
Paris covers the Services sector, focusing on stocks such as Carriage Services, Lincoln Edu, and Universal Technical Institute. According to TipRanks, Paris has an average return of 16.2% and a 56.11% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Universal Technical Institute with a $9.67 average price target, which is a 42.42% upside from current levels. In a report released on December 30, Lake Street also maintained a Buy rating on the stock with a $10.00 price target.
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The company has a one-year high of $11.45 and a one-year low of $5.27. Currently, Universal Technical Institute has an average volume of 126.1K.
Based on the recent corporate insider activity of 54 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 UTI in relation to earlier this year.
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Universal Technical Institute, Inc. engages in the provision of postsecondary education. It operates through the Postsecondary Education and Other segments. The Postsecondary Education segment offers technical training for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians as well as welders and CNC machining technicians. The Other segment provides manufacturer-specific training and these operations are managed separately from campus operations. The company was founded by Robert I. Sweet in 1965 and is headquartered in Scottsdale, AZ.
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