A report released today by Barrington Research about Chegg (NYSE:CHGG) bumps the target price to $11.00
- Updated: September 29, 2016
Indicating a possible upside of 0.54%, Barrington Research raised the target price of Chegg (NYSE:CHGG) to $11.00
Previously on 8/02/2016, Piper Jaffray reported on Chegg (NYSE:CHGG) raised the target price from $6.00 to $7.00 that suggested an upside of 0.11%.
Showing a price of $7.16, Chegg (NYSE:CHGG) traded -1.19% lower on the day. The last stock price close is up 31.22% from the two hundred day average, compared to the S&P 500 which has decreased -0.01% over the same time. Chegg has recorded a 50-day average of $6.97 and a two hundred day average of $5.39. 173,487 shares of the stock were exchanged, down from an average trading volume of 500,011
Chegg has a with a one year low of $3.15 and a one year high of $8.03 The company’s market cap is currently $0.
About Chegg (NYSE:CHGG)
Chegg, Inc. is a student-first connected learning platform. The Company helps students study for college admission exams, find the colleges, get grades and test scores while in school, and find internships that allow them to gain skills to help them enter the workforce after college. It matches domestic and international students with colleges, universities and other academic institutions (collectively referred to as colleges) in the United States. Once in college, it provides a range of products and services to help students. The Company offers a print textbook library for rent and sale both on its own and through its strategic partnership with Ingram. It also offers eTextbooks for rent and sale. It also provides live tutors to students online, through its Chegg Tutors service. It provides access to internships to help students gain skills that are critical to securing their first job. The Company also provides online writing tools, such as EasyBib, CitationMachine or BibMe.
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