Laureate Education Inc (LAUR) Receives Consensus Rating of “Buy” from Brokerages

Shares of Laureate Education Inc (NASDAQ:LAUR) have been assigned a consensus recommendation of “Buy” from the fourteen ratings firms that are covering the firm. Four equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $17.11.

A number of research analysts recently issued reports on LAUR shares. Barclays PLC started coverage on Laureate Education in a report on Monday, February 27th. They set an “equal weight” rating and a $17.00 target price on the stock. Morgan Stanley started coverage on Laureate Education in a report on Monday, February 27th. They set an “overweight” rating and a $18.00 target price on the stock. Credit Suisse Group AG started coverage on Laureate Education in a report on Monday, February 27th. They set an “outperform” rating and a $19.00 target price on the stock. Robert W. Baird started coverage on Laureate Education in a report on Monday, February 27th. They set an “outperform” rating and a $16.00 target price on the stock. Finally, Stifel Nicolaus started coverage on Laureate Education in a report on Monday, February 27th. They set a “buy” rating and a $17.00 target price on the stock.

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Shares of Laureate Education (NASDAQ:LAUR) traded up 2.31% during midday trading on Friday, reaching $15.52. 135,913 shares of the company were exchanged. The firm’s 50 day moving average is $14.32 and its 200-day moving average is $13.72. Laureate Education has a 52-week low of $12.12 and a 52-week high of $15.88. The company has a market capitalization of $2.61 billion and a PE ratio of 6.97.

Laureate Education (NASDAQ:LAUR) last released its earnings results on Thursday, May 11th. The company reported ($1.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.95) by $0.10. The company had revenue of $855.90 million during the quarter, compared to analysts’ expectations of $832 million. The company’s revenue for the quarter was down 5.6% compared to the same quarter last year. On average, equities analysts forecast that Laureate Education will post ($0.15) earnings per share for the current fiscal year.

A number of institutional investors have recently modified their holdings of LAUR. Nationwide Fund Advisors bought a new position in shares of Laureate Education during the first quarter worth $146,000. Stifel Financial Corp bought a new position in shares of Laureate Education during the first quarter worth $147,000. Strs Ohio bought a new position in shares of Laureate Education during the first quarter worth $148,000. MARSHALL WACE ASIA Ltd bought a new position in shares of Laureate Education during the first quarter worth $241,000. Finally, Marshall Wace North America L.P. bought a new position in shares of Laureate Education during the first quarter worth $241,000.

Laureate Education Company Profile

Laureate Education, Inc operates a network of degree-granting higher education institution. The Company operates in four segments: Latin America (LatAm); Europe; Asia, Middle East and Africa (AMEA), and Global Products and Services (GPS). The Company’s network includes approximately 70 institutions in over 25 countries on over 200 campuses, which the Company collectively refer to as the Laureate International Universities network.

5 Day Chart for NASDAQ:LAUR

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