Barrington Reaffirms Their Buy Rating on Franklin Covey Company (FC)

Barrington analyst Alexander Paris reiterated a Buy rating on Franklin Covey Company (FCResearch Report) today and set a price target of $30.00. The company’s shares closed last Wednesday at $21.40.

According to TipRanks.com, Paris is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -2.7% and a 40.7% success rate. Paris covers the Services sector, focusing on stocks such as American Public Education, Adtalem Global Education, and Grand Canyon Education.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Franklin Covey Company with a $29.33 average price target.

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The company has a one-year high of $41.85 and a one-year low of $12.61. Currently, Franklin Covey Company has an average volume of 124.3K.

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FC in relation to earlier this year.

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Franklin Covey Co. engages in consulting and training in the areas of strategy execution, customer loyalty, leadership, and individual effectiveness. It operates through the following three segments: Direct Offices, Education Practice, International Licensees and Corporate and Other. The Direct Offices segment includes sales personnel that serve the United States and Canada; international sales offices located in Japan, China, the United Kingdom, and Australia; governmental sales channel; and public program operations. The Education Practice segment includes domestic and international Education practice operations, which are focused on sales to educational institutions such as elementary schools, high schools, and colleges and universities. The International Licensees segment primarily comprised of royalty revenues received from these licensees. The Corporate and Other segment includes leasing operations, shipping and handling revenues, and certain corporate administrative expenses. The company was founded by Brent L. Bishop, Stephen R. Covey and Hyrum Wayne Smith in 1983 and is headquartered in Salt Lake City, UT.