Coursera, Inc. (NYSE:COUR) Receives $10.13 Consensus PT from Analysts

Shares of Coursera, Inc. (NYSE:COUR) have been given a consensus rating of “Moderate Buy” by the thirteen ratings firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $10.13.

A number of research analysts recently commented on COUR shares. Cantor Fitzgerald reiterated an “overweight” rating and issued a $10.00 price objective on shares of Coursera in a report on Thursday, December 5th. Scotiabank started coverage on Coursera in a research note on Thursday, December 5th. They issued a “sector perform” rating and a $9.00 price target on the stock. UBS Group increased their price target on Coursera from $7.50 to $8.50 and gave the stock a “neutral” rating in a report on Friday, January 31st. Royal Bank of Canada restated an “outperform” rating and issued a $10.00 price objective on shares of Coursera in a report on Friday, January 31st. Finally, JPMorgan Chase & Co. initiated coverage on shares of Coursera in a research note on Monday, November 25th. They set a “neutral” rating and a $8.00 target price for the company.

Coursera Price Performance

NYSE:COUR opened at $7.92 on Monday. The company’s 50-day moving average is $8.38 and its two-hundred day moving average is $7.99. Coursera has a 1-year low of $6.29 and a 1-year high of $16.18. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of -15.23 and a beta of 1.42.

Insider Buying and Selling

In related news, SVP Alan B. Cardenas sold 5,613 shares of the business’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $8.26, for a total transaction of $46,363.38. Following the completion of the transaction, the senior vice president now directly owns 180,413 shares of the company’s stock, valued at $1,490,211.38. The trade was a 3.02 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 15.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Coursera

A number of hedge funds have recently bought and sold shares of the stock. State of Wyoming increased its stake in shares of Coursera by 959.1% during the fourth quarter. State of Wyoming now owns 3,887 shares of the company’s stock worth $33,000 after buying an additional 3,520 shares during the period. SBI Securities Co. Ltd. acquired a new position in Coursera during the 4th quarter worth approximately $35,000. FMR LLC increased its position in shares of Coursera by 67.6% in the 3rd quarter. FMR LLC now owns 6,574 shares of the company’s stock valued at $52,000 after purchasing an additional 2,651 shares during the last quarter. CWM LLC raised its holdings in shares of Coursera by 82.3% in the 3rd quarter. CWM LLC now owns 7,128 shares of the company’s stock valued at $57,000 after purchasing an additional 3,217 shares in the last quarter. Finally, KBC Group NV lifted its position in shares of Coursera by 90.7% during the 4th quarter. KBC Group NV now owns 9,203 shares of the company’s stock worth $78,000 after purchasing an additional 4,376 shares during the last quarter. Institutional investors and hedge funds own 89.55% of the company’s stock.

Coursera Company Profile

Coursera, Inc operates an online educational content platform in the United States, Europe, Africa, the Asia Pacific, the Middle East, and internationally. It operates in three segments: Consumer, Enterprise, and Degrees. The company offers guided projects, courses, and specializations, as well as online degrees; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack.