Equities research analysts at Citigroup Inc initiated coverage on shares of Nord Anglia Education Inc (NYSE:NORD) in a note issued to investors on Tuesday. The brokerage set a “buy” rating and a $29.00 price target on the stock. Citigroup Inc’s price target points to a potential upside of 20.18% from the company’s previous close.

NORD has been the topic of a number of other research reports. Zacks Investment Research downgraded Nord Anglia Education from a “hold” rating to a “sell” rating in a research report on Tuesday, January 17th. Barclays PLC downgraded Nord Anglia Education from an “overweight” rating to an “equal weight” rating and raised their price objective for the company from $22.00 to $24.00 in a research report on Tuesday, January 10th. CLSA downgraded Nord Anglia Education from an “outperform” rating to an “underperform” rating in a research report on Wednesday, November 30th. Credit Suisse Group AG raised their price objective on Nord Anglia Education from $25.00 to $28.00 and gave the company an “outperform” rating in a research report on Wednesday, November 30th. Finally, JPMorgan Chase & Co. raised their price objective on Nord Anglia Education from $24.00 to $25.00 and gave the company an “overweight” rating in a research report on Wednesday, November 30th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $26.00.

Analyst Recommendations for Nord Anglia Education (NYSE:NORD)

Shares of Nord Anglia Education (NYSE:NORD) opened at 24.13 on Tuesday. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of 46.40 and a beta of 0.93. Nord Anglia Education has a 52-week low of $19.83 and a 52-week high of $25.00. The stock’s 50 day moving average is $23.16 and its 200 day moving average is $22.68.

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Nord Anglia Education (NYSE:NORD) last issued its quarterly earnings data on Tuesday, January 24th. The company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by $0.02. Nord Anglia Education had a net margin of 6.57% and a return on equity of 22.83%. The company had revenue of $261 million for the quarter, compared to the consensus estimate of $261.91 million. During the same period in the previous year, the business earned $0.25 EPS. Nord Anglia Education’s revenue for the quarter was up 6.9% compared to the same quarter last year. On average, equities analysts predict that Nord Anglia Education will post $0.68 EPS for the current fiscal year.

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A number of large investors have recently modified their holdings of NORD. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Nord Anglia Education during the fourth quarter valued at $1,109,000. Geneva Advisors LLC increased its stake in shares of Nord Anglia Education by 0.6% in the third quarter. Geneva Advisors LLC now owns 181,485 shares of the company’s stock valued at $3,953,000 after buying an additional 1,006 shares in the last quarter. Swiss National Bank increased its stake in shares of Nord Anglia Education by 5.9% in the third quarter. Swiss National Bank now owns 59,021 shares of the company’s stock valued at $1,285,000 after buying an additional 3,300 shares in the last quarter. TimesSquare Capital Management LLC increased its stake in shares of Nord Anglia Education by 2.1% in the third quarter. TimesSquare Capital Management LLC now owns 1,863,191 shares of the company’s stock valued at $40,580,000 after buying an additional 38,600 shares in the last quarter. Finally, Triple Frond Partners LLC increased its stake in shares of Nord Anglia Education by 108.5% in the fourth quarter. Triple Frond Partners LLC now owns 1,402,441 shares of the company’s stock valued at $32,677,000 after buying an additional 729,813 shares in the last quarter. 31.40% of the stock is owned by institutional investors and hedge funds.

About Nord Anglia Education

Nord Anglia Education, Inc is an operator of international schools. As of August 31, 2016, the Company taught over 37,000 students, from kindergarten through the end of secondary school (K-12), at its 43 schools in China, Europe, the Middle East, South East Asia and North America. The Company’s segments include China, Europe, Middle East (ME), Southeast Asia (SEA), North America and Other.

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