Deutsche Bank Increases Capella Education Price Target to $64.00 (CPLA)
Deutsche Bank hoisted their price objective on shares of Capella Education (NASDAQ:CPLA) from $56.00 to $64.00 in a research note issued on Wednesday, Stock Ratings News reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s target price suggests a potential upside of 3.39% from the stock’s previous close.
Separately, analysts at Zacks downgraded shares of Capella Education from an “outperform” rating to a “neutral” rating in a research note on Friday, November 29th. They now have a $69.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $58.60.
Shares of Capella Education (NASDAQ:CPLA) traded up 1.08% on Wednesday, hitting $62.57. 51,629 shares of the company’s stock traded hands. Capella Education has a 52-week low of $28.49 and a 52-week high of $73.00. The stock’s 50-day moving average is $66.06 and its 200-day moving average is $61.22. The company has a market cap of $775.4 million and a P/E ratio of 22.93.
Capella Education (NASDAQ:CPLA) last posted its quarterly earnings results on Tuesday, February 18th. The company reported $0.79 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.76 by $0.03. The company had revenue of $106.00 million for the quarter, compared to the consensus estimate of $106.44 million. On average, analysts predict that Capella Education will post $2.92 earnings per share 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.