Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM – Get Rating) have received a consensus recommendation of “Hold” from the nine ratings firms that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $77.57.
Several equities research analysts recently weighed in on the company. Barclays cut Bright Horizons Family Solutions from an “overweight” rating to an “equal weight” rating and set a $75.00 target price for the company. in a report on Friday, December 2nd. TheStreet upgraded Bright Horizons Family Solutions from a “d+” rating to a “c-” rating in a report on Monday, January 30th. StockNews.com began coverage on Bright Horizons Family Solutions in a report on Thursday. They issued a “sell” rating for the company. The Goldman Sachs Group dropped their price objective on Bright Horizons Family Solutions from $94.00 to $82.00 and set a “buy” rating for the company in a report on Friday, February 17th. Finally, BMO Capital Markets dropped their price objective on Bright Horizons Family Solutions from $84.00 to $81.00 and set an “outperform” rating for the company in a report on Tuesday, February 21st.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Eagle Bay Advisors LLC bought a new position in shares of Bright Horizons Family Solutions in the 2nd quarter worth approximately $26,000. Global Retirement Partners LLC raised its position in shares of Bright Horizons Family Solutions by 52.3% in the 3rd quarter. Global Retirement Partners LLC now owns 498 shares of the company’s stock worth $33,000 after acquiring an additional 171 shares in the last quarter. First Horizon Advisors Inc. increased its position in Bright Horizons Family Solutions by 93.8% during the 4th quarter. First Horizon Advisors Inc. now owns 624 shares of the company’s stock valued at $39,000 after buying an additional 302 shares in the last quarter. Dark Forest Capital Management LP bought a new position in Bright Horizons Family Solutions during the 4th quarter valued at approximately $71,000. Finally, Tower Research Capital LLC TRC increased its position in Bright Horizons Family Solutions by 159.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,454 shares of the company’s stock valued at $84,000 after buying an additional 893 shares in the last quarter.
Bright Horizons Family Solutions Trading Down 0.3 %
Bright Horizons Family Solutions Company Profile
Bright Horizons Family Solutions, Inc engages in the provision of child care and early education, dependent care, and workforce education services. It operates through the following segments: Full-Service Center-Based Child Care, Back-Up Care Services, Educational Advisory and Other Services. The Full-Service Center-Based Child Care segment consists of traditional center-based child care and early education, preschool, and elementary education.
- Get a free copy of the StockNews.com research report on Bright Horizons Family Solutions (BFAM)
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