Deutsche Bank Increases Capella Education Price Target to $56.00 (CPLA)
Analysts at Deutsche Bank hoisted their target price on shares of Capella Education (NASDAQ:CPLA) to $56.00 in a research report issued to clients and investors on Wednesday, American Banking & Market News reports. Deutsche Bank’s price objective would indicate a potential upside of 1.14% from the stock’s previous close.
A number of other analysts have also recently weighed in on CPLA. Analysts at Barrington Research raised their price target on shares of Capella Education to $65.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Analysts at Zacks upgraded shares of Capella Education from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, September 3rd. They now have a $65.00 price target on the stock. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $51.67.
Capella Education (NASDAQ:CPLA) traded up 6.54% during mid-day trading on Wednesday, hitting $58.99. The stock had a trading volume of 122,854 shares. Capella Education has a 52 week low of $26.38 and a 52 week high of $58.31. The stock has a 50-day moving average of $54.2 and a 200-day moving average of $42.01. The company has a market cap of $731.0 million and a P/E ratio of 21.25.
Capella Education (NASDAQ:CPLA) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.48 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.40 by $0.08. The company had revenue of $100.70 million for the quarter, compared to the consensus estimate of $99.95 million. During the same quarter last year, the company posted $0.39 earnings per share. Capella Education’s revenue was up 1.4% compared to the same quarter last year. On average, analysts predict that Capella Education will post $2.68 earnings per share for the current fiscal year.
Capella Education Company is an online postsecondary education services company. Through its wholly owned subsidiary, Capella University, the Company offers a range of doctoral, master’s and bachelor’s programs in public service leadership, behavioral health and human services, business management and technology, and education.
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