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Investment analysts at Raymond James started coverage on shares of Advisory Board (NASDAQ:ABCO) in a note issued to investors on Tuesday, StockRatingsNetwork reports. The firm set an “outperform” rating and a $68.00 price target on the stock. Raymond James’ price objective would suggest a potential upside of 14.85% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at SunTrust initiated coverage on shares of Advisory Board in a research note on Wednesday, April 9th. They set a “buy” rating and a $78.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Advisory Board from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 2nd. They now have a $66.00 price target on the stock. Finally, analysts at Barclays initiated coverage on shares of Advisory Board in a research note on Wednesday, March 5th. They set an “overweight” rating and a $73.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $67.88.

In other Advisory Board news, President David Felsenthal sold 4,272 shares of the stock on the open market in a transaction dated Thursday, April 3rd. The shares were sold at an average price of $65.18, for a total transaction of $278,448.96. Following the sale, the president now directly owns 17,275 shares of the company’s stock, valued at approximately $1,125,985. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Advisory Board (NASDAQ:ABCO) opened at 59.21 on Tuesday. Advisory Board has a 52-week low of $44.20 and a 52-week high of $70.55. The stock’s 50-day moving average is $64.82 and its 200-day moving average is $63.37. The company has a market cap of $2.140 billion and a price-to-earnings ratio of 100.36.

Advisory Board (NASDAQ:ABCO) last released its earnings data on Thursday, February 6th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.03. The company had revenue of $131.00 million for the quarter, compared to the consensus estimate of $132.58 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue for the quarter was up 12.7% on a year-over-year basis. On average, analysts predict that Advisory Board will post $1.17 earnings per share for the current fiscal year.

The Advisory Board Company provides best practices research and analysis, software tools, and management and advisory services to the health care and education industries.

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