Phoenix Education Partners (NYSE:PXED) Stock Price Down 3.6% – Here’s What Happened

Phoenix Education Partners, Inc. (NYSE:PXED)’s stock price dropped 3.6% on Tuesday . The company traded as low as $30.09 and last traded at $30.48. Approximately 15,021 shares traded hands during trading, a decline of 87% from the average daily volume of 115,235 shares. The stock had previously closed at $31.63.

Analyst Ratings Changes

Several analysts have recently commented on the stock. The Goldman Sachs Group reduced their price objective on shares of Phoenix Education Partners from $42.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday, November 21st. Barrington Research assumed coverage on Phoenix Education Partners in a research note on Thursday, December 4th. They set an “outperform” rating and a $45.00 price target on the stock. Finally, Wall Street Zen cut Phoenix Education Partners from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $40.50.

Phoenix Education Partners Price Performance

About Phoenix Education Partners

Our Mission To provide access to higher education opportunities that enable students to develop the knowledge and skills necessary to achieve their professional goals, improve the performance of their organizations and provide leadership and service to their communities. We are a mission-driven organization operating at the forefront of the rapidly evolving post-secondary education market. As one of the largest online education providers and a pioneer in our field, we benefit from the dynamic interplay between technological innovation, education, employment and economic trends.