Jefferies analyst Brent Thill maintained a Buy rating on 2U (TWOU – Research Report) on May 1 and set a price target of $20.00. The company’s shares closed last Monday at $10.48, close to its 52-week low of $8.63.
According to TipRanks.com, Thill is a 3-star analyst with an average return of 1.4% and a 36.9% success rate. Thill covers the Technology sector, focusing on stocks such as Instructure Holdings, CrowdStrike Holdings, and Procore Technologies.
2U has an analyst consensus of Moderate Buy, with a price target consensus of $19.25.
2U’s market cap is currently $800.2M and has a P/E ratio of -4.02.
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TWOU in relation to earlier this year.
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.
2U, Inc. engages in the provision of education technology for nonprofit colleges and universities. It operates through the following segments: Graduate Program and Alternative Credential. The Graduate Program segment provides technology and services to nonprofit colleges and universities to enable the online delivery of degree programs. The Alternative Credential segment provides premium online short courses and technical, skills-based boot camps through relationships with nonprofit colleges and universities. The company was founded by Christopher J. Paucek on April 2, 2008 and is headquartered in Lanham, MD.
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