Fintel reports that on August 30, 2024, UBS initiated coverage of Afya (NasdaqGS:AFYA) with a Neutral recommendation.
Analyst Price Forecast Suggests 35.17% Upside
As of August 26, 2024, the average one-year price target for Afya is $22.03/share. The forecasts range from a low of $18.18 to a high of $26.25. The average price target represents an increase of 35.17% from its latest reported closing price of $16.30 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Afya is 3,112MM, an increase of 1.45%. The projected annual non-GAAP EPS is 6.30.
What is the Fund Sentiment?
There are 91 funds or institutions reporting positions in Afya. This is an increase of 2 owner(s) or 2.25% in the last quarter. Average portfolio weight of all funds dedicated to AFYA is 0.25%, an increase of 12.71%. Total shares owned by institutions decreased in the last three months by 1.84% to 15,058K shares. 
The put/call ratio of AFYA is 0.01, indicating a bullish outlook.
What are Other Shareholders Doing?
Bamco holds 2,701K shares representing 5.82% ownership of the company. In its prior filing, the firm reported owning 2,967K shares , representing a decrease of 9.82%. The firm decreased its portfolio allocation in AFYA by 7.05% over the last quarter.
Softbank Group holds 2,433K shares representing 5.25% ownership of the company. No change in the last quarter.
BEXFX - Baron Emerging Markets Fund holds 1,372K shares representing 2.96% ownership of the company. In its prior filing, the firm reported owning 1,620K shares , representing a decrease of 18.03%. The firm decreased its portfolio allocation in AFYA by 16.19% over the last quarter.
FISMX - Fidelity International Small Cap Fund holds 1,307K shares representing 2.82% ownership of the company. In its prior filing, the firm reported owning 1,200K shares , representing an increase of 8.19%. The firm decreased its portfolio allocation in AFYA by 9.45% over the last quarter.
FLATX - Fidelity Latin America Fund holds 888K shares representing 1.91% ownership of the company. In its prior filing, the firm reported owning 945K shares , representing a decrease of 6.38%. The firm decreased its portfolio allocation in AFYA by 6.60% over the last quarter.
Afya Background Information
(This description is provided by the company.)
Afya is a leading medical education group in Brazil based on number of medical school seats, delivering an end-to-end physician-centric ecosystem that serves and empowers students and physicians to transform their ambitions into rewarding lifelong experiences from the moment they join us as medical students through their medical residency preparation, graduation program, continuing medical education activities and offering digital products to help doctors enhance their healthcare services through their whole career.
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