Barrington Research Sees Good Trends, Attractive Valuation For Lincoln Educational Services Corp.

Loading...
Loading...
In a report published Wednesday, Barrington Research analyst Alexander Paris Jr. reiterated an Outperform rating and $5.00 price target on
Lincoln Educational Services Corp.LINC
. In the report, Barrington Research noted, “With starts down at a lesser rate than consensus, we believe the quarter was not as bad as feared. We acknowledge that one quarter does not make a trend and this stock will be a ‘show me' story, but we believe management's actions will translate into a better 2015. At current levels (3.1x our 2015 EBITDA estimate vs. a peer group average of 6x) and what we believe is an improving outlook, we see no reason why this stock cannot move higher given this risk/reward profile. As such, we are reiterating our OUTPERFORM investment rating.” Lincoln Educational Services Corp. closed on Tuesday at $2.96.
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorReiterationAnalyst RatingsAlexander Paris Jr.Barrington Research
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...