DeVry Inc. (DV) Given New $55.00 Price Target by Barclays Capital (BCS) Analysts.
Wednesday, August 24, 2021 2:55 PM

Equities research analysts at Barclays Capital (NYSE: BCS) lowered their price target on shares of DeVry Inc. (NYSE: DV) from $63.00 to $55.00 in a research note to investors on Wednesday. The analysts currently have an "overweight" rating on the stock.

Separately, analysts at Wunderlich initiated coverage on shares of DeVry Inc. in a research note to investors on Friday, August 19th. They set a "hold" rating and a $52.00 price target on the stock. Also, analysts at Citigroup (NYSE: C) cut their price target on shares of DeVry Inc. to $64.00 in a research note to investors on Monday, August 15th. They now have a "buy" rating on the stock. They noted that the move was a valuation call.

Shares of DeVry Inc. traded up 0.48% during mid-day trading on Thursday, hitting $41.55. DeVry Inc. has a 52 week low of $36.82 and a 52 week high of $66.85. The stock's 50-day moving average is $56.95 and its 200-day moving average is $54.87. The company has a market cap of $2.852 billion and a price-to-earnings ratio of 8.84.

DeVry Inc. last announced its quarterly results on Thursday, August 11st. The company reported $1.08 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $1.04 EPS by $0.04. The company’s quarterly revenue was up 7.9% on a year-over-year basis. On average, analysts predict that DeVry Inc. will post $1.18 EPS next quarter.

DeVry Inc. (DeVry) is a provider of educational services and the parent organization of Advanced Academics, Becker Professional Education, Carrington College and Carrington College California, Chamberlain College of Nursing, DeVry Brasil, DeVry University, and Ross University. These institutions offer a range of programs in business, healthcare and technology and serve students in middle school through postsecondary education, as well as accounting and finance professionals. DeVry University provides bachelor’s and master’s degree programs in technology; science, business and the arts. DeVry University is a private, degree-granting, regionally accredited, higher education systems in North America. Ross University is a provider of medical and veterinary medical education. Chamberlain College of Nursing offers associate, bachelor’s, master’s and degree completion programs in nursing at its seven campuses in the United States and online.

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