Bright Horizons Family Solutions Inc. (NYSE:BFAM) traded at a new 52-week high today of $181.09. Approximately 179,000 shares have changed hands today, as compared to an average 30-day volume of 363,000 shares.
Over the past year, Bright Horizons Family Solutions Inc. has traded in a range of $64.23 to $181.09 and is now at $180.50, 181% above that low.
Potential upside of 144.0% exists for Bright Horizons Family Solutions Inc., based on a current level of $180.50 and analysts’ average consensus price target of $440.50.
Bright Horizons Family Solutions provides education and care solutions designed to help employers support their employees in managing their work/life balance. The company has three business segments: full-service center-based child care, backup care, and educational advisory services. The vast majority of the company’s revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, tuition assistance, and education consulting. The company earns more than half of its revenue in North America.
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