Pluralsight Cl A (PS) Receives $30.20 Consensus PT from Analysts

Pluralsight Cl A (NASDAQ:PS) has received an average recommendation of “Buy” from the eight ratings firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $30.43.

Several equities research analysts have commented on PS shares. Morgan Stanley started coverage on shares of Pluralsight Cl A in a research note on Monday. They issued an “equal weight” rating and a $26.00 target price for the company. JPMorgan Chase & Co. started coverage on shares of Pluralsight Cl A in a research note on Monday. They issued an “overweight” rating and a $33.00 target price for the company. Bank of America started coverage on shares of Pluralsight Cl A in a research note on Monday. They issued a “neutral” rating and a $28.00 target price for the company. Raymond James started coverage on shares of Pluralsight Cl A in a research note on Monday. They issued an “outperform” rating for the company. Finally, SunTrust Banks began coverage on shares of Pluralsight Cl A in a research note on Monday. They issued a “buy” rating and a $34.00 target price for the company.

NASDAQ:PS traded up $0.54 during trading hours on Monday, hitting $26.95. The stock had a trading volume of 4,642 shares, compared to its average volume of 921,989. Pluralsight Cl A has a one year low of $19.25 and a one year high of $29.00.

In related news, major shareholder Iconiq Strategic Partners Gp, acquired 1,000,000 shares of the stock in a transaction dated Monday, May 21st. The stock was bought at an average price of $15.00 per share, with a total value of $15,000,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

About Pluralsight Cl A

Pluralsight, Inc operates a cloud-based technology learning platform woeldwide. Its learning platform offers a range of tools, including skill assessment tool, which uses machine learning and advanced algorithms to measure a user's skills, benchmark that user against others in the industry, and recommend opportunities for growth; and Course Library that include 6,500 on-demand and online courses across a range of technology subject areas, such as cloud, mobile, security, IT, and data.

Analyst Recommendations for Pluralsight Cl A (NASDAQ:PS)

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