DeVry PT Raised to $36.00 at Deutsche Bank (DV)
Equities research analysts at Deutsche Bank raised their price objective on shares of DeVry (NYSE:DV) from $28.00 to $36.00 in a research note issued to investors on Friday, AnalystRatingsNetwork.com reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target points to a potential downside of 3.17% from the company’s current price.
In other DeVry news, EVP David J. Pauldine sold 11,000 shares of the stock on the open market in a transaction dated Thursday, October 24th. The stock was sold at an average price of $36.25, for a total value of $398,750.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Several other analysts have also recently commented on the stock. Analysts at Compass Point raised their price target on shares of DeVry from $28.00 to $34.00 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Separately, analysts at McLean Capital Management upgraded shares of DeVry from a “neutral” rating to a “buy” rating in a research note to investors on Friday. Finally, analysts at Standpoint Research downgraded shares of DeVry from a “buy” rating to a “hold” rating in a research note to investors on Wednesday. They noted that the move was a valuation call. Thirteen research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $31.20.
DeVry (NYSE:DV) traded up 2.74% on Friday, hitting $37.18. The stock had a trading volume of 1,604,686 shares. DeVry has a 52 week low of $18.61 and a 52 week high of $34.51. The stock’s 50-day moving average is $30.26 and its 200-day moving average is $30.48. The company has a market cap of $2.342 billion and a P/E ratio of 21.96.
DeVry (NYSE:DV) last released its earnings data on Thursday, October 24th. The company reported $0.22 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.23 by $0.01. The company had revenue of $450.90 million for the quarter, compared to the consensus estimate of $449.41 million. During the same quarter last year, the company posted $0.49 earnings per share. DeVry’s revenue was down 6.6% compared to the same quarter last year. On average, analysts predict that DeVry will post $2.30 earnings per share for the current fiscal year.
DeVry Inc (NYSE:DV) is a provider of educational services and the parent organization of Advanced Academics, American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College and Carrington College California, Chamberlain College of Nursing, DeVry Brasil, DeVry University, Ross University School of Medicine and Ross University School of Veterinary Medicine.
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