Robert W. Baird Remains a Hold on Bright Horizons (BFAM)
In a report issued on June 15, Jeffrey Meuler from Robert W. Baird maintained a Hold rating on Bright Horizons (BFAM – Research Report), with a price target of $115.00. The companys shares closed last Friday at $88.75.
According to TipRanks.com, Meuler is a 3-star analyst with an average return of 2.6% and a 53.5% success rate. Meuler covers the Services sector, focusing on stocks such as Adtalem Global Education, Grand Canyon Education, and Nielsen Holdings.
Currently, the analyst consensus on Bright Horizons is a Moderate Buy with an average price target of $125.33.
See the top stocks recommended by analysts >> Based on Bright Horizons latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $460 million and net profit of $19.41 million. In comparison, last year the company earned revenue of $391 million and had a net profit of $7.13 million. 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. Bright Horizons Family Solutions, Inc. engages in the provision of child care and early education; dependent care, and workforce education services. It operates through the following segments: Full Service Center-Based Child Care, Back-Up Care Services, and Educational Advisory Services. The Full Service Center-Based Child Care segment comprises of traditional center-based child care and early education, preschool, and elementary education. The Back-Up Care Services segment deals with center-based back-up child care, and in-home child and adult/elder dependent care. The Educational Advisory Services segment comprises of tuition reimbursement program management and related educational advising, and college advisory services. The company was founded by Roger H. Brown and Linda A. Mason in 1986 and is headquartered in Watertown, MA. Read More on BFAM:- PPG Industries (PPG) Gets a Buy Rating from Robert W. Baird
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