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

A number of other research analysts also recently issued reports on the company. CLSA reaffirmed an “underperform” rating on shares of Nord Anglia Education in a report on Thursday, April 27th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $32.50 price target on shares of Nord Anglia Education in a report on Friday, April 28th. BMO Capital Markets downgraded Nord Anglia Education from an “outperform” rating to a “market perform” rating and set a $32.50 price target on the stock. in a report on Thursday, April 27th. J P Morgan Chase & Co downgraded Nord Anglia Education from an “overweight” rating to a “neutral” rating and set a $32.50 price target on the stock. in a report on Wednesday, April 26th. Finally, Credit Suisse Group AG cut Nord Anglia Education from an “outperform” rating to a “neutral” rating and set a $32.50 price objective for the company. in a research report on Tuesday, April 25th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $29.57.

Shares of Nord Anglia Education (NYSE NORD) opened at 33.04 on Friday. The stock’s 50 day moving average price is $32.59 and its 200 day moving average price is $27.83. The stock has a market capitalization of $3.44 billion, a price-to-earnings ratio of 66.88 and a beta of 0.96. Nord Anglia Education has a 12 month low of $20.08 and a 12 month high of $33.11.

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

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A number of hedge funds have recently bought and sold shares of the stock. Bank of Montreal Can boosted its stake in Nord Anglia Education by 1,109.6% in the second quarter. Bank of Montreal Can now owns 251,819 shares of the company’s stock worth $8,202,000 after buying an additional 231,000 shares during the period. Sensato Investors LLC purchased a new stake in Nord Anglia Education during the first quarter worth approximately $5,704,000. Spark Investment Management LLC purchased a new stake in Nord Anglia Education during the first quarter worth approximately $3,491,000. Renaissance Technologies LLC boosted its stake in Nord Anglia Education by 176.3% in the first quarter. Renaissance Technologies LLC now owns 162,200 shares of the company’s stock worth $4,110,000 after buying an additional 103,500 shares during the period. Finally, Triple Frond Partners LLC boosted its stake in Nord Anglia Education by 7.2% in the first quarter. Triple Frond Partners LLC now owns 1,503,073 shares of the company’s stock worth $38,088,000 after buying an additional 100,632 shares during the period. Institutional investors own 34.60% of the company’s stock.

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.

Analyst Recommendations for Nord Anglia Education (NYSE:NORD)

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