New Oriental Education & Tech Grp (NYSE:EDU) gets upgraded to Buy by Deutsche Bank

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Analyst Ratings For New Oriental Education & Tech Grp (NYSE:EDU)

Today, New Oriental Education & Tech Grp (NYSE:EDU) stock received an upgrade by Deutsche Bank from Hold to Buy.

There are 7 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on New Oriental Education & Tech Grp (NYSE:EDU) is Buy with a consensus target price of $84.0557 per share, a potential 6.01% downside.

Some recent analyst ratings include

  • 4/16/2019-New Oriental Education & Tech Grp (NYSE:EDU) gets upgraded to Buy by Deutsche Bank
  • 3/25/2019-New Oriental Education & Tech Grp (NYSE:EDU) gets upgraded to Overweight by Morgan Stanley with a price target of $81.75
  • 2/11/2019-New Oriental Education & Tech Grp (NYSE:EDU) gets downgraded to Neutral by JPMorgan Chase & Co. with a price target of $76.64

    About New Oriental Education & Tech Grp (NYSE:EDU)
    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 Language Training and Test Preparation Courses, and Others segments. The company offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the People's Republic of China, and the Commonwealth countries; and after-school tutoring courses for middle and high school students to achieve better scores on entrance exams for admission into high schools or higher education institutions, as well as for children to teach English. It also provides language training courses, including English, as well as other foreign languages, such as German, Japanese, French, Korean, Italian, and Spanish; operates a full-time private primary and secondary school in Yangzhou seeking a full curriculum taught in Chinese and English; develops and edits educational materials for language training and test preparation comprising books, software, CD-ROMs, magazines, and other periodicals; and offers online education programs that include college, K-12, and pre-school education. In addition, the company offers overseas studies consulting; pre-school education; and a pilot program that permits third parties in small cities to provide its English and kindergarten programs, as well as overseas study tour services. As of May 31, 2018, it offered educational programs, services, and products to students through a network of 87 schools, 994 learning centers, and 18 bookstores. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China.

    Recent Trading Activity for New Oriental Education & Tech Grp (NYSE:EDU)
    Shares of New Oriental Education & Tech Grp closed the previous trading session at 89.43 −1.44 1.58% with 91.98 shares trading hands.