Strayer Education Upgraded by McLean Capital Management to “Buy” (STRA)
Strayer Education (NASDAQ:STRA) was upgraded by investment analysts at McLean Capital Management from a “neutral” rating to a “buy” rating in a note issued to investors on Friday, AnalystRatingsNetwork reports.
Strayer Education (NASDAQ:STRA) traded down 0.10% during mid-day trading on Friday, hitting $48.69. 203,214 shares of the company’s stock traded hands. Strayer Education has a 52-week low of $40.03 and a 52-week high of $71.23. The stock’s 50-day moving average is $42.51 and its 200-day moving average is $48.18. The company has a market cap of $501.9 million and a price-to-earnings ratio of 10.19.
A number of other analysts have also recently weighed in on STRA. Analysts at Zacks reiterated a “neutral” rating on shares of Strayer Education in a research note to investors on Friday, August 23rd. They now have a $43.00 price target on the stock. Finally, analysts at Thomson Reuters/Verus upgraded shares of Strayer Education from a “hold” rating to a “buy” rating in a research note to investors on Monday, July 29th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $45.67.
Strayer Education, Inc provides post-secondary education services. The Company offers a range of academic programs through its wholly owned subsidiary Strayer University, Inc (NASDAQ:STRA), both in classroom courses and online via the Internet.
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