Barrington Reaffirms Their Buy Rating on Career Education Corp (CECO)

By Austin Angelo

Barrington analyst Alexander Paris reiterated a Buy rating on Career Education Corp (CECOResearch Report) today and set a price target of $26.00. The company’s shares closed last Monday at $15.28.

According to TipRanks.com, Paris has currently no stars on a ranking scale of 0-5 stars, with an average return of -5.4% and a 32.6% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Strategic Education Inc.

Career Education Corp has an analyst consensus of Moderate Buy, with a price target consensus of $26.00.

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The company has a one-year high of $22.50 and a one-year low of $11.01. Currently, Career Education Corp has an average volume of 530.8K.

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CECO in relation to earlier this year.

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Career Education Corp. engages in the provision of educational services. It operates through Colorado Technical University (CTU), and American InterContinental University (AIU) segments.