In a report issued on April 13, Jessie Xu from Nomura maintained a Buy rating on New Oriental Education Tech (EDU), with a price target of $19.00. The company’s shares closed last Monday at $15.18.
Xu has an average return of 8.6% when recommending New Oriental Education Tech.
According to TipRanks.com, Xu is ranked #3238 out of 7459 analysts.
Currently, the analyst consensus on New Oriental Education Tech is a Strong Buy with an average price target of $19.03, implying a 27.2% upside from current levels. In a report issued on April 15, CLSA also initiated coverage with a Buy rating on the stock with a $18.70 price target.
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The company has a one-year high of $19.97 and a one-year low of $10.71. Currently, New Oriental Education Tech has an average volume of 13.02M.
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China-based New Oriental Education & Technology Group, Inc. provides private educational services under the New Oriental brand in the People’s Republic of China. It operates through the K-12 AST, Test Preparation and Other Courses, and Others segments.
