Scholastic (NASDAQ:SCHL) was upgraded by equities researchers at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Wednesday, BidAskClub reports.
Other equities research analysts have also issued research reports about the stock. ValuEngine lowered shares of USD Partners from a “hold” rating to a “sell” rating in a research report on Friday, June 14th. Zacks Investment Research raised shares of HENKEL AG & CO/S from a “sell” rating to a “hold” rating in a report on Thursday, June 6th. Four equities research analysts have rated the stock with a sell rating and one has issued a hold rating to the stock. The company presently has a consensus rating of “Sell” and an average price target of $44.50.
Scholastic stock opened at $32.93 on Wednesday. Scholastic has a 52-week low of $31.38 and a 52-week high of $47.94. The stock has a fifty day simple moving average of $33.12. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 23.03 and a beta of 0.82.
Scholastic Company Profile
Scholastic Corporation publishes and distributes children's books worldwide. It operates in three segments: Children's Book Publishing and Distribution, Education, and International. The Children's Book Publishing and Distribution segment publishes and distributes children's books, e-books, media, and interactive products through its school book club and school book fair channels, as well as through its trade channel.
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