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Barrington Research announced Instructure (NYSE:INST), bumping up its stock price target to $30.00 today

Yesterday Instructure (NYSE:INST) traded 0.25% lower at $25.15. INST’s 50-day moving average is $23.61 and its two hundred day moving average is $19.75. The last stock price is up 21.77% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 365,958 shares of Instructure were exchanged, up from ann average trading volume of 179,023.

Barrington Research bumped the target price of Instructure (NYSE:INST) to $30, reporting a possible upside of 0.19%,

Previously on 8/2/2016, Jefferies & Co reported about Instructure(NYSE:INST) bumped the target price from $25.00 to $27.00. At the time, this indicated a possible upside of 0.09%.

Performance Graph:

Instructure (NYSE:INST)

Also covering Instructure’s price target, a total of 8 brokers have released a ratings update on the stock. The consensus target price is $26.13 with 0 rating the stock a strong buy, 0 rating the stock a buy, 0 analysts rating the stock a hold, 0 rating the company to underperform, and lastly 0 brokerages rating the stock as sell.

Instructure has a one-year low of $13.21 and a 52 week high of $26.00. Instructure’s market cap is presently $0.0.

About Instructure (NYSE:INST)

Instructure, Inc. provides cloud-based learning management platform for academic institutions and companies across the world. The Company operates in the cloud-based learning management systems segment. The Company builds its learning management applications, Canvas for the education market and Bridge for the corporate market, to enable its customers to develop, deliver and manage engaging face-to-face and online learning experiences. The Company develops software that students, teachers and employees use to help achieve their education and learning goals. Its applications develop academic and corporate learning by providing an engaging platform for instructors and learners, enabling frequent and open interactions, streamlining workflow, and allowing the creation and sharing of content. The Company’s customers represent colleges, universities, and K-12 school districts and companies in over 30 countries. The Company operates in the United States and Foreign.

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