PowerSchool (NYSE:PWSC) Now Covered by Analysts at Credit Suisse Group

Credit Suisse Group initiated coverage on shares of PowerSchool (NYSE:PWSCGet Rating) in a research report report published on Monday, The Fly reports. The firm issued an outperform rating on the stock.

Other analysts have also issued research reports about the stock. Piper Sandler raised their price target on shares of PowerSchool from $19.00 to $22.00 and gave the company an overweight rating in a report on Tuesday, November 8th. The Goldman Sachs Group raised their price target on shares of PowerSchool to $18.00 in a report on Tuesday, November 15th. Barclays raised their price target on shares of PowerSchool from $19.00 to $20.00 and gave the company an overweight rating in a report on Tuesday, November 8th. Finally, Royal Bank of Canada raised their price target on shares of PowerSchool from $20.00 to $22.00 and gave the company an outperform rating in a report on Tuesday, November 8th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, PowerSchool has an average rating of Moderate Buy and an average price target of $22.71.

PowerSchool Trading Up 0.2 %

Shares of PowerSchool stock opened at $19.88 on Monday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.54 and a quick ratio of 0.54. The firm has a 50 day simple moving average of $18.08 and a 200 day simple moving average of $15.68. PowerSchool has a fifty-two week low of $10.60 and a fifty-two week high of $22.53.

Hedge Funds Weigh In On PowerSchool

Several institutional investors and hedge funds have recently made changes to their positions in PWSC. Royal Bank of Canada grew its holdings in shares of PowerSchool by 63.5% in the 3rd quarter. Royal Bank of Canada now owns 2,135 shares of the company’s stock valued at $35,000 after buying an additional 829 shares during the period. Ensign Peak Advisors Inc acquired a new position in shares of PowerSchool in the 2nd quarter valued at $37,000. Allspring Global Investments Holdings LLC acquired a new position in shares of PowerSchool in the 3rd quarter valued at $39,000. Daiwa Securities Group Inc. acquired a new position in shares of PowerSchool in the 3rd quarter valued at $65,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of PowerSchool by 93.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 3,977 shares of the company’s stock valued at $66,000 after buying an additional 1,926 shares during the period. Institutional investors and hedge funds own 62.01% of the company’s stock.

PowerSchool Company Profile

(Get Rating)

PowerSchool Holdings, Inc provides cloud-based software to the K-12 education market. Its solution is embedded in school workflows and is used on daily basis by educators, students, administrators, and parents in schools and districts representing approximately 45 million students worldwide. Its cloud-based technology platform helps schools and districts manage state reporting and related compliance, special education, finance, human resource, talent, registration, attendance, funding, learning, instruction, grading, college and career readiness, assessments, and analytics.

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Analyst Recommendations for PowerSchool (NYSE:PWSC)

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