ITT Educational Services Inc. Hits New 52-Week High at $45.42 (ESI)
Shares of ITT Educational Services (NYSE:ESI) hit a new 52-week high during mid-day trading on Friday, Stock Ratings Network reports. The stock traded as high as $45.42 and last traded at $45.25, with a volume of 582,440 shares trading hands. The stock had previously closed at $41.77.
ESI has been the subject of a number of recent research reports. Analysts at Merrill Lynch upgraded shares of ITT Educational Services from a “neutral” rating to a “buy” rating in a research note to investors on Friday. Separately, analysts at Bank of America Corp. upgraded shares of ITT Educational Services from a “neutral” rating to a “buy” rating in a research note to investors on Friday. They now have a $49.00 price target on the stock, up previously from $42.00. Finally, analysts at Zacks downgraded shares of ITT Educational Services from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 31st. They now have a $40.30 price target on the stock. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $32.19.
ITT Educational Services has a 52 week low of $11.69 and a 52 week high of $42.80. The stock’s 50-day moving average is $35.86 and its 200-day moving average is $32.51. The company has a market cap of $1.058 billion and a P/E ratio of 16.03.
ITT Educational Services, Inc (NYSE:ESI) is a provider of postsecondary degree programs in the United States.
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