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DeVry (NYSE:DV) was upgraded by investment analysts at Ned Davis Research from a “neutral” rating to a “buy” rating in a note issued to investors on Tuesday, American Banking News reports.

Shares of DeVry (NYSE:DV) traded up 0.28% during mid-day trading on Tuesday, hitting $39.62. 155,316 shares of the company’s stock traded hands. DeVry has a one year low of $23.62 and a one year high of $39.94. The stock’s 50-day moving average is $35.79 and its 200-day moving average is $33.08. The company has a market cap of $2.506 billion and a price-to-earnings ratio of 37.52.

DeVry (NYSE:DV) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.22 EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was down 6.6% on a year-over-year basis. On average, analysts predict that DeVry will post $2.31 earnings per share for the current fiscal year.

DV has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of DeVry in a research note to investors on Thursday, November 28th. They now have a $37.00 price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of DeVry from $28.00 to $36.00 in a research note to investors on Friday, October 25th. They now have a “hold” rating on the stock. Finally, 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, October 25th. They now have a “neutral” rating on the stock. Twelve analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $32.33.

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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