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 $7.23.
Paris covers the Services sector, focusing on stocks such as Universal Technical Institute, Carriage Services, and Adtalem Global Education. According to TipRanks, Paris has an average return of 16.4% and a 56.10% success rate on recommended stocks.
Universal Technical Institute has an analyst consensus of Strong Buy, with a price target consensus of $9.67.
See Insiders’ Hot Stocks on TipRanks >>
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 122.6K.
Based on the recent corporate insider activity of 39 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.
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.
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.
Read More on UTI:
