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Grand Canyon Education (NASDAQ:LOPE) has earned an average rating of “Buy” from the six brokerages that are currently covering the company, StockRatingsNetwork.com reports. Six research analysts have rated the stock with a buy recommendation, The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $55.38.

Several analysts have recently commented on the stock. Analysts at CRT Capital raised their price target on shares of Grand Canyon Education from $63.00 to $65.50 in a research note on Monday. They now have a “buy” rating on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Grand Canyon Education in a research note on Friday, August 1st. They now have a $50.00 price target on the stock, up previously from $49.00.

Grand Canyon Education (NASDAQ:LOPE) opened at 41.88 on Monday. Grand Canyon Education has a 1-year low of $32.39 and a 1-year high of $51.12. The stock has a 50-day moving average of $45.13 and a 200-day moving average of $45.43. The company has a market cap of $1.911 billion and a P/E ratio of 20.19.

Grand Canyon Education (NASDAQ:LOPE) last released its earnings data on Thursday, July 31st. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.45 by $0.04. The company had revenue of $158.60 million for the quarter, compared to the consensus estimate of $156.18 million. During the same quarter in the prior year, the company posted $0.45 earnings per share. The company’s quarterly revenue was up 12.1% on a year-over-year basis. Analysts expect that Grand Canyon Education will post $2.23 EPS for the current fiscal year.

Grand Canyon Education, Inc is a provider of postsecondary education services offering graduate and undergraduate degree programs in education, healthcare, business and liberal arts.

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