Citi analyst Thomas Singlehurst maintained a Buy rating on Skillsoft (SKIL – Research Report) yesterday. The company’s shares closed yesterday at $1.12.
Singlehurst covers the Technology sector, focusing on stocks such as RELX plc, Chegg, and Embracer Group AB. According to TipRanks, Singlehurst has an average return of 2.4% and a 48.60% success rate on recommended stocks.
Currently, the analyst consensus on Skillsoft is a Strong Buy with an average price target of $3.15, a 181.25% upside from current levels. In a report released yesterday, D.A. Davidson also reiterated a Buy rating on the stock with a $3.00 price target.
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SKIL market cap is currently $180.2M and has a P/E ratio of -0.26.
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Read More on SKIL:
- Skillsoft backs FY24 revenue view $555M-$585M, consensus $567.07M
- Skillsoft reports Q2 adjusted EPS (18c), consensus (19c)
- Options Volatility and Implied Earnings Moves Today, September 11, 2023
- Skillsoft Corp (SKIL) Q2 Earnings Cheat Sheet
- Skillsoft price target lowered to $2.50 from $2.90 at Barclays
