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Analysts at Deutsche Bank raised their price objective on shares of Strayer Education (NASDAQ:STRA) from $50.00 to $52.00 in a research report issued to clients and investors on Friday. Deutsche Bank’s price target suggests a potential downside of 7.51% from the company’s current price.

Shares of Strayer Education (NASDAQ:STRA) traded up 8.14% on Friday, hitting $56.04. 311,939 shares of the company’s stock traded hands. Strayer Education has a 52-week low of $33.51 and a 52-week high of $59.99. The stock’s 50-day moving average is $52.2 and its 200-day moving average is $47.24. The company has a market cap of $591.6 million and a price-to-earnings ratio of 38.99.

Strayer Education (NASDAQ:STRA) last released its earnings data on Thursday, July 31st. The company reported $1.29 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.27 by $0.02. The company had revenue of $112.70 million for the quarter, compared to the consensus estimate of $114.81 million. During the same quarter in the prior year, the company posted $1.42 earnings per share. The company’s quarterly revenue was down 14.6% on a year-over-year basis. Analysts expect that Strayer Education will post $3.81 EPS for the current fiscal year.

A number of other firms have also recently commented on STRA. Analysts at Piper Jaffray upgraded shares of Strayer Education from an “underweight” rating to a “neutral” rating in a research note on Friday. They now have a $53.00 price target on the stock, up previously from $47.00. Separately, analysts at BMO Capital Markets upgraded shares of Strayer Education from a “market perform” rating to an “outperform” rating in a research note on Friday. They now have a $60.00 price target on the stock, up previously from $55.00. Finally, analysts at Wells Fargo & Co. upgraded shares of Strayer Education from a “market perform” rating to an “outperform” rating in a research note on Friday. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. Strayer Education has a consensus rating of “Hold” and an average price target of $53.20.

Strayer Education, Inc provides post-secondary education services. The Company offers a range of academic programs through its wholly owned subsidiary Strayer University, Inc (NASDAQ:STRA), both in classroom courses and online via the Internet.

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