BMO Capital Believes Adtalem Global Education Inc (NYSE: ATGE) Still Has Room to Grow

By Carrie Williams

In a report issued on July 8, Jeffrey Silber from BMO Capital reiterated a Buy rating on Adtalem Global Education Inc (NYSE: ATGE), with a price target of $56. The company’s shares closed yesterday at $51.90, close to its 52-week high of $52.

According to TipRanks.com, Silber is a top 25 analyst with an average return of 23.8% and a 80.6% success rate. Silber covers the Services sector, focusing on stocks such as AMN Healthcare Services Inc, Capella Education Company, and Grand Canyon Education.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Adtalem Global Education Inc with a $56.75 average price target, which is a 9.3% upside from current levels. In a report issued on June 29, Piper Jaffray also maintained a Buy rating on the stock with a $58 price target.

.

See today’s analyst top recommended stocks >>

Adtalem Global Education Inc’s market cap is currently $3.13B and has a P/E ratio of 259.11. The company has a Price to Book ratio of 2.01.

Based on the recent corporate insider activity of 79 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2018, Ronald L. Taylor, an Insider at ATGE sold 18,880 shares for a total of $882,829.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Adtalem Global Education, Inc. engages in the provision of educational services. Its institutions offer a wide array of programs in business, healthcare and technology and serve students in secondary postsecondary education as well as accounting and finance professionals.