Capella Education Given New $55.00 Price Target at BMO Capital Markets (CPLA)
Analysts at BMO Capital Markets raised their price objective on shares of Capella Education (NASDAQ:CPLA) from $48.00 to $55.00 in a research report issued to clients and investors on Wednesday, Stock Ratings Network reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price target would suggest a potential downside of 10.29% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank raised their price target on shares of Capella Education to $56.00 in a research note to investors on Wednesday. Finally, analysts at Barrington Research raised their price target on shares of Capella Education to $65.00 in a research note to investors on Tuesday, October 22nd. They now have a “buy” rating on the stock. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $54.00.
Shares of Capella Education (NASDAQ:CPLA) opened at 61.31 on Wednesday. Capella Education has a one year low of $26.38 and a one year 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 $759.8 million and a P/E ratio of 23.45.
Capella Education (NASDAQ:CPLA) last released its 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. Analysts expect that Capella Education will post $2.78 EPS 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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