Analysts take a look at New Oriental Education & Technology Group Inc. (NYSE:EDU) having this to say.

June 14, 2018 - By Linda Rogers

New Oriental Education & Technology Group Inc. (NYSE:EDU) Ratings Coverage

Among 5 analysts covering New Oriental Education (NYSE:EDU), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. New Oriental Education had 9 analyst reports since January 4, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, April 24 by Jefferies. The rating was maintained by JP Morgan on Tuesday, May 29 with “Neutral”. JP Morgan maintained it with “Underweight” rating and $72 target in Wednesday, January 24 report. On Monday, March 5 the stock rating was upgraded by J.P. Morgan to “Hold”. CLSA downgraded the stock to “Underperform” rating in Thursday, May 24 report. JP Morgan maintained New Oriental Education & Technology Group Inc. (NYSE:EDU) on Thursday, April 26 with “Neutral” rating. As per Monday, March 5, the company rating was upgraded by JP Morgan. Jefferies maintained New Oriental Education & Technology Group Inc. (NYSE:EDU) rating on Wednesday, January 24. Jefferies has “Buy” rating and $104.0 target. Below is a list of New Oriental Education & Technology Group Inc. (NYSE:EDU) latest ratings and price target changes.

29/05/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $90 New Target: $102 Maintain
24/05/2018 Broker: CLSA Old Rating: Outperform New Rating: Underperform Downgrade
26/04/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $83 New Target: $90 Maintain
24/04/2018 Broker: Jefferies Rating: Buy New Target: $112.0000 Maintain
05/03/2018 Broker: J.P. Morgan Rating: Hold Upgrade
05/03/2018 Broker: JP Morgan Old Rating: Underweight New Rating: Neutral Old Target: $72 Upgrade
24/01/2018 Broker: Jefferies Rating: Buy New Target: $104.0 Maintain
24/01/2018 Broker: JP Morgan Old Rating: Underweight New Rating: Underweight Old Target: $70 New Target: $72 Maintain
04/01/2018 Broker: Deutsche Bank Rating: Buy New Target: $116 Initiates Coverage On

The stock increased 0.83% or $0.85 during the last trading session, reaching $103.67. About 1.21 million shares traded. New Oriental Education & Technology Group Inc. (NYSE:EDU) has risen 38.68% since June 14, 2017 and is uptrending. It has outperformed by 26.11% the S&P500.

New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the PeopleÂ’s Republic of China. The company has market cap of $16.39 billion. The firm operates through 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 divisions. It has a 57.28 P/E ratio. It offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the PeopleÂ’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.

New Oriental Education & Technology Group Inc. (NYSE:EDU) Ratings Chart

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