Shares of Advisory Board (NASDAQ:ABCO) have been assigned a consensus recommendation of “Hold” from the seventeen brokerages that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $51.21.
ABCO has been the topic of a number of research reports. KeyCorp reiterated a “hold” rating on shares of Advisory Board in a research report on Friday, September 1st. Robert W. Baird reiterated a “hold” rating and set a $54.00 price target on shares of Advisory Board in a research report on Wednesday, October 4th. Cantor Fitzgerald reissued a “hold” rating and issued a $54.00 price objective (up from $45.00) on shares of Advisory Board in a report on Tuesday, August 29th. William Blair lowered Advisory Board from an “outperform” rating to a “hold” rating in a report on Tuesday, August 29th. Finally, Wells Fargo & Company lowered Advisory Board from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $57.00 to $54.00 in a report on Monday, October 2nd.
Shares of Advisory Board (NASDAQ ABCO) traded up $0.05 during trading on Monday, hitting $53.83. The stock had a trading volume of 895,100 shares, compared to its average volume of 788,742. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market cap of $2,190.00, a PE ratio of 32.23, a price-to-earnings-growth ratio of 2.40 and a beta of 1.34. Advisory Board has a fifty-two week low of $30.40 and a fifty-two week high of $59.50.
ILLEGAL ACTIVITY NOTICE: “Advisory Board (ABCO) Receives Average Recommendation of “Hold” from Analysts” was originally published by American Banking News and is owned by of American Banking News. If you are reading this story on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The legal version of this story can be read at https://www.americanbankingnews.com/2017/12/11/advisory-board-abco-receives-average-recommendation-of-hold-from-analysts.html.
Advisory Board Company Profile
The Advisory Board Company is a provider of software and solutions to the healthcare and higher education industries. The Company offers subscription-based membership programs, software and data-enabled services. All of its programs are rooted in best practices and extends across four areas, including Best practices research, Technology, Data-enabled services and Consulting services.
Receive News & Ratings for Advisory Board Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advisory Board and related companies with MarketBeat.com's FREE daily email newsletter.