Lincoln Edu (LINC) Gets a Buy Rating from Colliers Securities

By Carrie Williams

Colliers Securities analyst Steve Frankel reiterated a Buy rating on Lincoln Edu (LINCResearch Report) yesterday and set a price target of $10.00. The company’s shares closed last Tuesday at $6.02.

Frankel has an average return of 42.1% when recommending Lincoln Edu.

According to TipRanks.com, Frankel is ranked #2348 out of 7342 analysts.

Lincoln Edu has an analyst consensus of Strong Buy, with a price target consensus of $8.67, which is a 45.2% upside from current levels. In a report issued on March 1, B.Riley Financial also maintained a Buy rating on the stock with a $7.50 price target.

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The company has a one-year high of $8.99 and a one-year low of $1.69. Currently, Lincoln Edu has an average volume of 152.3K.

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Lincoln Educational Services Corp. engages in the provision of post-secondary education to high school graduates and working adults. It operates through the following segments: Transportation and Skilled Trades; Healthcare and Other Professions; and Transitional. The Transportation and Skilled Trades segment offers academic programs mainly in the disciplines of transportation and skilled trades such as automotive; diesel; heating, ventilation, and air conditioning; welding; and manufacturing. The Healthcare and Other Professions segment provides academic programs in the disciplines of health sciences, hospitality and business, and information technology. The Transitional segment refers to campuses that are being taught-out and closed, and operations that are being phased out. The company was founded in 1946 and is headquartered in West Orange, NJ.