2U, Inc. (NASDAQ:TWOU) Receives Analyst Consensus Hold Rating

2U, Inc. (NASDAQ:TWOU – Get Rating) shares have been given a consensus rating of “Hold” by the fifteen brokers currently covering the company, reports MarketBeat Ratings. One analyst has rated the stock with a sell rating, seven with a hold rating and four with a buy rating. The average 12-month target price among brokers who have rated the stock over the past year is $13.95.

TWOU has been the subject of a number of recent analyst reports. Credit Suisse Group added coverage of 2U in a research report on Monday, November 21. They issued a “neutral” rating and a price target of $8.00 on the stock. Goldman Sachs Group lowered its price target on 2U to $14.40 from $16.50 and gave the stock a buy rating in a research report on Tuesday, November 8th. Barrington Research lowered its price target on 2U to $9.00 in a research report Tuesday, November 15. StockNews.com downgraded 2U from a “hold” rating to a “sell” rating in a research report on Friday, November 11. Finally, BMO Capital Markets raised its target price on 2U to $9.00 from $8.00 and gave the company a rating of “Outperform” in a research report on Wednesday, November 9th.

2U trade up 10.3%

NASDAQ:TWOU opened at $7.69 on Wednesday. The company has a gearing ratio of 1.88, a current ratio of 1.03 and a quick ratio of 1.03. 2U has a 1-year low of $4.70 and a 1-year high of $22.51. The company has a market cap of $601.40 million, a P/E of -1.56 and a beta of 1.08. The stock’s 50-day moving average price is $6.65 and its 200-day moving average price is $8.03.

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Institutional Trading by 2U

Hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp increased its stake in 2U shares by 4.6% in the third quarter. Bank of New York Mellon Corp now owns 1,577,531 shares of the software maker’s stock valued at $9,859,000 after buying another 69,662 shares last quarter. Bridgefront Capital LLC purchased a new position in 2U stock valued at $71,000 during the third quarter. Capital Impact Advisors LLC purchased a new position in 2U stock valued at $127,000 during the third quarter. BNP Paribas Arbitrage SNC increased its holding in 2U shares by 235.8% in the third quarter. BNP Paribas Arbitrage SNC now owns 58,458 shares of the software maker’s stock, valued at $365,000, after buying another 41,048 shares last quarter. Finally, Alliancebernstein LP increased its holdings of 2U shares by 2.3% during the third quarter. Alliancebernstein LP now owns 91,127 shares of the software maker’s stock valued at $570,000 after purchasing an additional 2,027 shares last quarter.

2U company profile

(received rating)

2U, Inc operates as an education technology company in the United States and internationally. The Company operates through two segments, Degree Program and Alternative Credential. The Degree Programs segment provides technology and services to nonprofit colleges and universities to enable online delivery of degree programs.

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Analyst Recommendations for 2U (NASDAQ:TWOU)

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