JPMorgan Reaffirms Neutral Rating for Laureate Education with $41 Price Target
Equities researchers at JPMorgan Chase & Co. reaffirmed their neutral rating for Laureate Education (NASDAQ:LAUR) in a report released on Monday, according to Benzinga.
The price target of $41.00 suggested by JPMorgan would indicate a potential upside of 7.02% from the company's previous close.
This is not the only recent rating update for Laureate Education. In May, UBS Group upped their price target on shares of the company from $37.50 to $39.00 and gave it a 'buy' rating.
However, Morgan Stanley downgraded Laureate Education from an 'equal weight' rating to an 'underweight' rating and set a $34.50 target price in July.
The consensus rating for the company among analysts is now 'hold', with four investment analysts giving it a 'buy' rating, two issuing a 'hold' rating, and one assigning a 'sell' rating.