2U (TWOU) : The consensus on 2U (TWOU) based on 5 analyst recommendation on the company stock is 1.2, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future.
2U (TWOU) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $42 and the lowest price target forecast is $38. The average forecast of all the analysts is $39.2 and the expected standard deviation is $1.79.
Also, Oppenheimer maintains their rating on the shares of 2U (NASDAQ:TWOU). The current rating of the shares is Outperform. Equity Analysts at the Firm raises the price target to $38 per share from $29 per share. The rating by the firm was issued on August 5, 2016.
2U (NASDAQ:TWOU): After opening at $32.99, the stock dipped to an intraday low of $32.68 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $34.67 and the buying power remained strong till the end. The stock closed at $34.66 for the day, a gain of 5.09% for the day session. The total traded volume was 553,274. The stocks close on the previous trading day was $32.98.
2U, Inc. is a provider of an integrated solution comprised of cloud-based software-as-a-service (SaaS) combined with technology-enabled services (together, the Platform), that allows colleges and universities to deliver online degree programs. The Companys SaaS technology consists of an online learning environment, Online Campus, which acts as the hub for student and faculty academic and social interaction, and operations applications, which provide the content management, admissions application processing, customer relationship management and other necessary functionalities. The Company also provides technology-enabled services that support the complete lifecycle of a higher education program, including attracting students, advising prospective students through the admissions application process, providing technical, success coaching and other support, facilitating accessibility to individuals with disabilities, and facilitating in-program field placements.