Fundamental Research Maintains Their Buy Rating on CIBT Education (MBA)

CIBT Education (MBAResearch Report) has received a rating update from a Wall Street analyst on August 21. The Services sector company, CIBT Education (TSX: MBA) has received a rating update from a Wall Street analyst on August 21.

According to TipRanks.com, Rajeev is ranked #5118 out of 5252 analysts.

Read also: Disney (DIS) Stock Remains a Top Pick in the Media Space, Says Analyst

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CIBT Education with a C$1.45 average price target.

Based on CIBT Education’s latest earnings release for the quarter ending May 31, the company reported a quarterly net profit of C$1.03 million. In comparison, last year the company had a net profit of C$8.5 million.

CIBT Education Group, Inc. operates as an education management company focused on global education market. It provides educational services, including business management degree programs, career-oriented diploma programs and language training services. Its business operations include education and media communications.

The company’s shares closed last Friday at C$0.62.