2U (NASDAQ:TWOU) Receives New Coverage from Analysts at Credit Suisse Group

Credit Suisse Group started coverage on shares of 2U (NASDAQ:TWOUGet Rating) in a research report sent to investors on Monday morning, MarketBeat Ratings reports. The firm issued a neutral rating and a $8.00 target price on the software maker’s stock.

Other analysts have also issued research reports about the stock. Morgan Stanley cut their target price on shares of 2U from $12.00 to $10.00 and set an equal weight rating on the stock in a research report on Wednesday, November 9th. Robert W. Baird cut their price target on shares of 2U from $14.00 to $10.00 in a report on Tuesday, November 8th. BMO Capital Markets lifted their price target on shares of 2U from $8.00 to $9.00 and gave the stock an outperform rating in a report on Wednesday, November 9th. Piper Sandler upgraded shares of 2U from an underweight rating to a neutral rating and cut their price target for the stock from $8.00 to $7.00 in a report on Tuesday, November 8th. Finally, StockNews.com lowered shares of 2U from a hold rating to a sell rating in a report on Friday, November 11th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, 2U presently has an average rating of Hold and an average target price of $13.95.

2U Stock Performance

Shares of 2U stock opened at $7.61 on Monday. 2U has a fifty-two week low of $4.70 and a fifty-two week high of $25.01. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market capitalization of $595.18 million, a P/E ratio of -1.54 and a beta of 1.00. The company’s 50 day moving average price is $6.38 and its two-hundred day moving average price is $8.28.

Institutional Investors Weigh In On 2U

Several hedge funds and other institutional investors have recently bought and sold shares of TWOU. Victory Capital Management Inc. bought a new stake in 2U in the first quarter valued at $2,104,000. Russell Investments Group Ltd. increased its stake in 2U by 9.3% in the first quarter. Russell Investments Group Ltd. now owns 60,274 shares of the software maker’s stock valued at $800,000 after purchasing an additional 5,134 shares in the last quarter. Mirador Capital Partners LP bought a new stake in 2U in the first quarter valued at $304,000. Nikko Asset Management Americas Inc. increased its stake in 2U by 8.7% in the first quarter. Nikko Asset Management Americas Inc. now owns 5,733,984 shares of the software maker’s stock valued at $74,542,000 after purchasing an additional 460,723 shares in the last quarter. Finally, Los Angeles Capital Management LLC increased its stake in 2U by 58.7% in the first quarter. Los Angeles Capital Management LLC now owns 36,956 shares of the software maker’s stock valued at $491,000 after purchasing an additional 13,665 shares in the last quarter.

2U Company Profile

(Get Rating)

2U, Inc operates as an education technology company in the United States and internationally. The company operates through two segments, Degree Program and Alternative Credential. The Degree Program segment provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs.

Featured Articles

Analyst Recommendations for 2U (NASDAQ:TWOU)

Receive News & Ratings for 2U Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 2U and related companies with MarketBeat.com's FREE daily email newsletter.