Nord Anglia Education, Inc. (NYSE:NORD) was upgraded by research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued on Saturday.

NORD has been the subject of several other research reports. Zacks Investment Research cut Nord Anglia Education from a “buy” rating to a “hold” rating in a report on Wednesday, March 29th. Citigroup Inc. began coverage on Nord Anglia Education in a report on Tuesday, March 21st. They set a “buy” rating and a $29.00 price target for the company. BMO Capital Markets cut Nord Anglia Education from an “outperform” rating to a “market perform” rating and set a $32.50 target price for the company. in a report on Thursday, April 27th. CLSA reiterated an “underperform” rating on shares of Nord Anglia Education in a report on Thursday, April 27th. Finally, William Blair cut Nord Anglia Education from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 25th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $29.57.

Analyst Recommendations for Nord Anglia Education (NYSE:NORD)

Shares of Nord Anglia Education (NYSE:NORD) traded down 0.09% on Friday, reaching $32.41. 712,279 shares of the company were exchanged. Nord Anglia Education has a 12 month low of $20.08 and a 12 month high of $32.99. The company’s 50-day moving average price is $32.23 and its 200 day moving average price is $26.26. The company has a market cap of $3.37 billion, a price-to-earnings ratio of 65.61 and a beta of 0.96.

Nord Anglia Education (NYSE:NORD) last released its quarterly earnings results on Thursday, April 27th. The company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. The business had revenue of $259.50 million during the quarter, compared to analysts’ expectations of $262.11 million. Nord Anglia Education had a return on equity of 22.86% and a net margin of 6.07%. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.27 EPS. On average, equities research analysts expect that Nord Anglia Education will post $0.66 EPS for the current year.

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A number of large investors have recently modified their holdings of NORD. Bank of America Corp DE raised its stake in shares of Nord Anglia Education by 82.4% in the first quarter. Bank of America Corp DE now owns 7,250 shares of the company’s stock worth $183,000 after buying an additional 3,275 shares during the period. Trexquant Investment LP purchased a new stake in shares of Nord Anglia Education during the fourth quarter worth $200,000. Vanguard Group Inc. raised its stake in shares of Nord Anglia Education by 3.9% in the first quarter. Vanguard Group Inc. now owns 10,890 shares of the company’s stock worth $276,000 after buying an additional 407 shares during the period. Wells Fargo & Company MN raised its stake in shares of Nord Anglia Education by 286.9% in the first quarter. Wells Fargo & Company MN now owns 23,802 shares of the company’s stock worth $603,000 after buying an additional 17,650 shares during the period. Finally, Karp Capital Management Corp purchased a new stake in shares of Nord Anglia Education during the first quarter worth $644,000. 34.38% of the stock is owned by institutional investors and hedge funds.

Nord Anglia Education Company Profile

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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