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HSBC Reaffirms Their Buy Rating on New Oriental Education & Technology Group (N1U0)
In a report released on June 16, from HSBC maintained a Buy rating on New Oriental Education & Technology Group, with a price target of HK$54.60. The company’s shares closed last Monday at HK$35.92.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for New Oriental Education & Technology Group with a €6.54 average price target, representing a -81.79% downside. In a report released on June 12, Goldman Sachs also upgraded the stock to a Buy with a HK$50.00 price target.
The company has a one-year high of HK$51.05 and a one-year low of HK$34.20. Currently, New Oriental Education & Technology Group has an average volume of 5.26M.
Read More on DE:N1U0:
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- AMD upgraded, Adobe downgraded: Wall Street’s top analyst calls
- Goldman upgrades New Oriental to Buy on ‘compelling’ valuation
- New Oriental jumps 2% to $46 after Goldman upgrade to Buy
- New Oriental Education upgraded to Buy from Neutral at Goldman Sachs
- New Oriental Education price target raised to $73.20 from $71.30 at BofA
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