Bright Horizons Family Solutions Receives Consensus Recommendation of “Buy” from Analysts (NASDAQ:BFAM)
Shares of Bright Horizons Family Solutions (NASDAQ:BFAM) have earned an average rating of “Buy” from the fourteen ratings firms that are presently covering the company, Analyst RN reports. Six analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $37.14.
A number of research firms have recently commented on BFAM. Analysts at Barclays raised their price target on shares of Bright Horizons Family Solutions from $40.00 to $45.00 in a research note on Wednesday. They now have an “overweight” rating on the stock. Analysts at Wells Fargo & Co. upgraded shares of Bright Horizons Family Solutions from a “market weight” rating to an “overweight” rating in a research note on Monday, December 30th.
Shares of Bright Horizons Family Solutions (NASDAQ:BFAM) traded down 0.73% on Friday, hitting $37.97. 10,942 shares of the company’s stock traded hands. Bright Horizons Family Solutions has a one year low of $27.53 and a one year high of $38.78. The stock’s 50-day moving average is $37.14 and its 200-day moving average is $36.3. The company’s market cap is $2.473 billion.
In other Bright Horizons Family Solutions news, COO Mary Ann Tocio sold 50,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $38.00, for a total value of $1,900,000.00. Following the sale, the chief operating officer now directly owns 202,466 shares in the company, valued at approximately $7,693,708. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Bright Horizons Family Solution Inc, provider of child care and early education services, as well as other services designed to help employers and families better address the challenges of work and life.
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