Phoenix Education Partners (NYSE:PXED) Shares Down 3.6% – Should You Sell?

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

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Barrington Research assumed coverage on shares of Phoenix Education Partners in a report on Thursday, December 4th. They issued an “outperform” rating and a $45.00 price target for the company. Wall Street Zen lowered Phoenix Education Partners from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Finally, The Goldman Sachs Group decreased their price target on 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. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Phoenix Education Partners has an average rating of “Moderate Buy” and a consensus target price of $40.50.

Phoenix Education Partners Stock 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.