Zacks Investment Research downgraded New Oriental Education & Tech Grp (ADR) (NYSE:EDU) to Hold in a report released today.
- Updated: January 11, 2017
Zacks Investment Research has downgraded New Oriental Education & Tech Grp (ADR) (NYSE:EDU) to Hold in a report released on 1/11/2017.
Previously on Friday January 06, 2017, Nomura reported on New Oriental Education & Tech Grp (ADR) (NYSE:EDU) increased the target price from $46.00 to $58.00. At the time, this suggested an upside of 0.24%.
Boasting a price of $48.24, New Oriental Education & Tech Grp (ADR) (NYSE:EDU) traded -0.56% lower on the day. With the last close up 6.71% from the 200-day moving average, compared to the S&P 500 which has decreased -0.05% over the same time. EDU has recorded a 50-day average of $45.15 and a two hundred day average of $45.21. Trade Volume was down over the average, with 742,684 shares of EDU changing hands under the typical 1,395,760
Recent Performance Chart
With a market cap of $0, New Oriental Education & Tech Grp (ADR) has 52 week low of $27.62 and a 52 week high of $53.38 with a P/E ratio of 32.10 .
Also covering New Oriental Education & Tech Grp (ADR)'s target, a total of 12 equity analysts have released a report on New Oriental Education & Tech Grp (ADR). The 12-month price target is $36.00 with four firms rating the stock a strong buy, 6 firms rating the stock a buy, two equity analysts rating the company a hold, zero equity analysts rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Company Details For New Oriental Education & Tech Grp (ADR) (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.
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