Capella Education Company Price Target Raised to $68.00 at BMO Capital Markets (CPLA)
Analysts at BMO Capital Markets raised their price objective on shares of Capella Education Company (NASDAQ:CPLA) from $64.00 to $68.00 in a research report issued to clients and investors on Thursday. BMO Capital Markets’ price objective points to a potential upside of 5.10% from the company’s current price.
Shares of Capella Education Company (NASDAQ:CPLA) traded up 1.16% on Thursday, hitting $64.70. The stock had a trading volume of 100,485 shares. Capella Education Company has a 52 week low of $51.43 and a 52 week high of $73.00. The stock has a 50-day moving average of $57.07 and a 200-day moving average of $60.17. The company has a market cap of $792.8 million and a P/E ratio of 23.86.
Capella Education Company (NASDAQ:CPLA) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.72 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.84 by $0.12. The company had revenue of $104.80 million for the quarter, compared to the consensus estimate of $104.30 million. During the same quarter in the prior year, the company posted $0.83 earnings per share. The company’s quarterly revenue was up 1.1% on a year-over-year basis. Analysts expect that Capella Education Company will post $2.97 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on CPLA. Analysts at Deutsche Bank raised their price target on shares of Capella Education Company from $60.00 to $65.00 in a research note on Wednesday. They now have a “hold” rating on the stock. Separately, analysts at Barrington Research raised their price target on shares of Capella Education Company to $70.00 in a research note on Tuesday. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Capella Education Company in a research note on Friday, June 6th. They now have a $59.00 price target on the stock. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $67.75.
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.
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