JPMorgan Chase & Co. Reiterates “Overweight” Rating for Nord Anglia Education (NORD)
Nord Anglia Education (NASDAQ:NORD)‘s stock had its “overweight” rating restated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Thursday. They currently have a $24.00 price target on the stock, up from their previous price target of $23.00. JPMorgan Chase & Co.’s target price suggests a potential upside of 23.33% from the company’s current price.
A number of other analysts have also recently weighed in on NORD. Analysts at Zacks initiated coverage on shares of Nord Anglia Education in a research note on Wednesday, April 30th. They set a “hold” rating on the stock. Separately, analysts at Barclays initiated coverage on shares of Nord Anglia Education in a research note on Friday, April 25th. They set an “overweight” rating and a $24.00 price target on the stock. Finally, analysts at RBC Capital initiated coverage on shares of Nord Anglia Education in a research note on Friday, April 25th. They set an “outperform” rating on the stock. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $24.33.
Shares of Nord Anglia Education (NASDAQ:NORD) traded down 0.51% on Thursday, hitting $19.45. 130,478 shares of the company’s stock traded hands. Nord Anglia Education has a 1-year low of $16.39 and a 1-year high of $22.44. The stock has a 50-day moving average of $18. and a 200-day moving average of $18.58. The company’s market cap is $2.708 billion.
Nord Anglia Education (NASDAQ:NORD) last posted its quarterly earnings results on Wednesday, July 16th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.08. The company had revenue of $138.50 million for the quarter, compared to the consensus estimate of $139.57 million. Analysts expect that Nord Anglia Education will post $0.32 EPS for the current fiscal year.
Nord Anglia Education, Inc is an international operator of premium schools. The Company teaches children from kindergarten through the end of secondary school (NASDAQ:NORD) at its 27 premium schools in China, Europe, the Middle East and Southeast Asia (ME/SEA) and North America.
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