Nord Anglia Education Inc. (NORD) Given a $25.00 Price Target at Credit Suisse Group AG
Nord Anglia Education Inc. (NYSE:NORD) received a $25.00 target price from research analysts at Credit Suisse Group AG in a research note issued on Tuesday. The firm presently has a a “buy” rating on the stock. Credit Suisse Group AG’s price target indicates a potential upside of 16.06% from the company’s previous close.
A number of other analysts have also issued reports on NORD. Zacks Investment Research raised Nord Anglia Education from a “sell” rating to a “hold” rating in a research note on Tuesday, June 21st. Barclays PLC reissued a “buy” rating on shares of Nord Anglia Education in a research note on Saturday, July 9th. Finally, JPMorgan Chase & Co. raised their price target on Nord Anglia Education from $23.00 to $24.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 9th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $24.71.
Shares of Nord Anglia Education (NYSE:NORD) traded down 2.14% during trading on Tuesday, hitting $21.08. The stock had a trading volume of 58,048 shares. The company has a market cap of $2.19 billion, a P/E ratio of 153.87 and a beta of 0.91. Nord Anglia Education has a one year low of $14.58 and a one year high of $23.88. The stock’s 50-day moving average price is $21.83 and its 200-day moving average price is $21.71.
Nord Anglia Education (NYSE:NORD) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. The business had revenue of $253.80 million for the quarter, compared to analyst estimates of $247.57 million. Nord Anglia Education had a return on equity of 20.31% and a net margin of 2.06%. The business’s revenue for the quarter was up 49.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.24 earnings per share. On average, equities research analysts forecast that Nord Anglia Education will post $0.64 EPS for the current fiscal year.
Several institutional investors have recently added to or reduced their stakes in the company. BlackRock Fund Advisors purchased a new position in Nord Anglia Education during the second quarter worth approximately $484,000. Vanguard Group Inc. purchased a new position in Nord Anglia Education during the second quarter worth approximately $202,000. JPMorgan Chase & Co. increased its position in Nord Anglia Education by 445.7% in the second quarter. JPMorgan Chase & Co. now owns 4,900 shares of the company’s stock worth $104,000 after buying an additional 4,002 shares during the period. Geneva Advisors LLC increased its position in Nord Anglia Education by 1.9% in the second quarter. Geneva Advisors LLC now owns 180,479 shares of the company’s stock worth $3,815,000 after buying an additional 3,290 shares during the period. Finally, Blair William & Co. IL increased its position in Nord Anglia Education by 8.0% in the second quarter. Blair William & Co. IL now owns 759,687 shares of the company’s stock worth $16,060,000 after buying an additional 55,954 shares during the period. Institutional investors own 31.51% of the company’s stock.
Nord Anglia Education Company Profile
Nord Anglia Education, Inc is an operator of premium international schools. The principal activities of the Company consist of premium schools and associated activities in China, which includes the People’s Republic of China and Hong Kong Special Administrative Region (SAR); Europe, which includes Switzerland, Slovakia, Hungary, Czech Republic, Spain and Poland; Middle East/South East Asia (ME/SEA), which includes the United Arab Emirates, Qatar, Thailand, Singapore, Cambodia and Vietnam, and North America, which includes the United States and Mexico.
Receive News & Stock Ratings for Nord Anglia Education Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nord Anglia Education Inc. and related stocks with our FREE daily email newsletter.