Breaking Finance News

Goldman Sachs upgraded New Oriental Education & Technology (NYSE:EDU) from Neutral to Buy in a report released today.

Yesterday New Oriental Education & Technology (NYSE:EDU) traded 4.32% higher at $70.91. The company’s 50-day moving average is $62.74 and its 200-day moving average is $52.24. The last stock close price is up 41.59% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 550,724 shares of the stock were exchanged, down from an average trading volume of 995,343

Goldman Sachs has upgraded New Oriental Education & Technology (NYSE:EDU) from Neutral to Buy in a report released on 5/16/2017.

See Chart Below

New Oriental Education & Technology (NYSE:EDU)

New Oriental Education & Technology has a 52 week low of $37.16 and a 52 week high of $75.45 with a P/E ratio of 44.59 The company’s market cap is currently $0.

In addition to Goldman Sachs reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is $36.00 with 4 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About New Oriental Education & Technology (NYSE:EDU)

New Oriental Education & Technology Group Inc. is a provider of private educational services in the People's Republic of China (the PRC). The Company provides educational services under its New Oriental brand. The Company operates through seven segments, which include language training and test preparation, primary and secondary school education, online education, content development and distribution, pre-school education, overseas study consulting services and study tour. The Company offers a range of educational programs, services and products, consisting of English and other foreign language training, test preparation courses for admissions and assessment tests in the United States, the People's Republic of China and Commonwealth countries, primary and secondary school education, development and distribution of educational content, software and other technology, and online education.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.