Bright Horizons Family Solutions Stock Rating Lowered by Stifel Nicolaus (BFAM)
Bright Horizons Family Solutions (NASDAQ: BFAM) was downgraded by equities research analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday, TheFlyOnTheWall.com reports.
A number of other analysts have also recently weighed in on BFAM. Analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Bright Horizons Family Solutions in a research note to investors on Friday, March 15th. Separately, analysts at BMO Capital Markets initiated coverage on shares of Bright Horizons Family Solutions in a research note to investors on Wednesday, March 6th. They set a “market perform” rating and a $30.00 price target on the stock. Finally, analysts at Bank of America initiated coverage on shares of Bright Horizons Family Solutions in a research note to investors on Wednesday, March 6th. They set a “buy” rating and a $35.00 price target on the stock.
Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $31.83.
Shares of Bright Horizons Family Solutions (NASDAQ: BFAM) opened at 34.76 on Thursday. Bright Horizons Family Solutions has a 52 week low of $27.50 and a 52 week high of $35.13. The stock’s 50-day moving average is currently $29.21. The company has a market cap of $2.185 billion and a P/E ratio of 224.26.
Bright Horizons Family Solution Inc., provider of child care and early education services, as well as other services designed to help employers and families better address the challenges of work and life.
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