Afya (NASDAQ:AFYA) Stock Rating Upgraded by Wall Street Zen

Wall Street Zen upgraded shares of Afya (NASDAQ:AFYA) from a buy rating to a strong-buy rating in a research report report published on Saturday.

Several other equities analysts also recently weighed in on AFYA. JPMorgan Chase & Co. upgraded shares of Afya from a “neutral” rating to an “overweight” rating and raised their target price for the company from $23.50 to $24.50 in a report on Monday, September 8th. UBS Group upgraded shares of Afya from a “neutral” rating to a “buy” rating and lowered their price target for the company from $19.50 to $19.00 in a research report on Monday, September 8th. Zacks Research raised shares of Afya to a “hold” rating in a research note on Friday, August 8th. Morgan Stanley set a $17.50 target price on Afya and gave the company an “overweight” rating in a research note on Wednesday, August 6th. Finally, Citigroup upgraded Afya from a “sell” rating to a “neutral” rating and lowered their target price for the company from $16.00 to $14.00 in a report on Tuesday, July 29th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $18.20.

Afya Trading Up 0.4%

Shares of AFYA stock opened at $15.67 on Friday. The stock has a market cap of $1.47 billion, a P/E ratio of 11.87, a P/E/G ratio of 0.54 and a beta of 0.56. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.22. Afya has a fifty-two week low of $13.47 and a fifty-two week high of $19.90. The business has a fifty day simple moving average of $15.04 and a 200-day simple moving average of $16.97.

Institutional Investors Weigh In On Afya

Hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio grew its position in shares of Afya by 40.0% in the fourth quarter. Public Employees Retirement System of Ohio now owns 2,800 shares of the company’s stock valued at $44,000 after purchasing an additional 800 shares during the period. Militia Capital Partners LP acquired a new stake in Afya in the 2nd quarter worth about $71,000. Quantbot Technologies LP purchased a new stake in Afya in the 2nd quarter valued at about $117,000. State of Wyoming acquired a new position in shares of Afya during the 2nd quarter valued at about $164,000. Finally, Quadrature Capital Ltd acquired a new position in shares of Afya during the 2nd quarter valued at about $181,000. Institutional investors and hedge funds own 88.02% of the company’s stock.

Afya Company Profile

Afya Limited, through its subsidiaries, operates as a medical education group in Brazil. The company operates through three segments: Undergrad, Continuing Education, and Digital Services. It offers educational products and services, including medical schools, medical residency preparatory courses, graduate courses, and other programs to lifelong medical learners enrolled across its distribution network, as well as to third-party medical schools.