Does Adtalem (ATGE) Have the Potential to Rally 46.83% as Wall Street Analysts Expect?

Core Viewpoint - Adtalem Global Education (ATGE) shows potential for significant upside, with a mean price target of $158.25 indicating a 46.8% increase from its current price of $107.78 [1] Price Targets - The average price target for ATGE ranges from a low of $125.00 to a high of $175.00, with a standard deviation of $22.71, suggesting variability in analyst estimates [2] - The lowest estimate indicates a 16% increase, while the highest suggests a 62.4% upside [2] Analyst Sentiment - Analysts exhibit strong agreement on ATGE's ability to report better earnings than previously predicted, which supports the expectation of stock upside [4][11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 0.3%, with one estimate moving higher and no negative revisions [12] Zacks Rank - ATGE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Price Movement Implications - While consensus price targets may not be entirely reliable, the direction they imply appears to be a good guide for potential price movement [14]