Barrington Reaffirms Their Buy Rating on Adtalem Global Education (ATGE)
Barrington analyst Alexander Paris reiterated a Buy rating on Adtalem Global Education today and set a price target of $170.00.
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According to TipRanks, Paris is a 5-star analyst with an average return of 17.3% and a 66.20% success rate. Paris covers the Consumer Defensive sector, focusing on stocks such as Franklin Covey Company, Adtalem Global Education, and Strategic Education.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Adtalem Global Education with a $166.50 average price target.
Based on Adtalem Global Education’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $503.39 million and a net profit of $76.38 million. In comparison, last year the company earned a revenue of $447.73 million and had a net profit of $75.86 million
Based on the recent corporate insider activity of 75 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 ATGE in relation to earlier this year.
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