Phoenix Education Partners (NYSE:PXED) Shares Down 5.1% – Should You Sell?

Phoenix Education Partners, Inc. (NYSE:PXED) traded down 5.1% on Tuesday . The company traded as low as $31.87 and last traded at $31.87. 937 shares changed hands during trading, a decline of 99% from the average session volume of 116,903 shares. The stock had previously closed at $33.60.

Analyst Ratings Changes

A number of research firms have recently issued reports on PXED. Wall Street Zen cut Phoenix Education Partners from a “buy” rating to a “hold” rating in a report on Saturday, December 20th. Barrington Research initiated coverage on Phoenix Education Partners in a research note on Thursday, December 4th. They issued an “outperform” rating and a $45.00 target price for the company. Finally, The Goldman Sachs Group decreased their price target on shares of Phoenix Education Partners from $42.00 to $36.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Phoenix Education Partners has an average rating of “Moderate Buy” and an average target price of $40.50.

Phoenix Education Partners Price Performance

Phoenix Education Partners Company Profile

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.