Published On: Wed, Oct 19th, 2016

Analyst Coverage: Instructure, Inc. (NYSE:INST)


Recently stock market analysts have updated their consensus ratings on shares of Instructure, Inc. (NYSE:INST).

Most recent broker ratings

09/06/2016 – Instructure, Inc. had its “buy” rating reiterated by analysts at Needham & Company. They now have a USD 28 price target on the stock.

08/03/2016 – Instructure, Inc. had its “outperform” rating reiterated by analysts at Barrington Research. They now have a USD 30 price target on the stock.

08/02/2016 – Instructure, Inc. had its “buy” rating reiterated by analysts at Jefferies. They now have a USD 27 price target on the stock.

05/25/2016 – Instructure, Inc. had its “outperform” rating reiterated by analysts at Oppenheimer. They now have a USD 27 price target on the stock.

12/14/2015 – First Analysis began new coverage on Instructure, Inc. giving the company a “overweight” rating.

12/09/2015 – Morgan Stanley began new coverage on Instructure, Inc. giving the company a “equal-weight” rating. They now have a USD 20 price target on the stock.

12/08/2015 – Raymond James began new coverage on Instructure, Inc. giving the company a “strong-buy” rating. They now have a USD 24.5 price target on the stock.

12/08/2015 – Goldman Sachs began new coverage on Instructure, Inc. giving the company a “buy” rating. They now have a USD 25 price target on the stock.

Instructure, Inc. has a 50 day moving average of 24.54 and a 200 day moving average of 21.13. The stock’s market capitalization is 691.23M, it has a 52-week low of 13.21 and a 52-week high of 26.00.

The share price of the company (NYSE:INST) was up +1.56%, with a high of 24.87during the day and the volume of Instructure, Inc. shares traded was 85837.

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, K-12 school districts and companies in over 30 countries. The Company operates in the United States and Foreign.