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CLSA Reaffirms Their Buy Rating on New Oriental Education & Technology Group (N1U0)

Tipranks - Fri Apr 24, 7:38PM CDT

In a report released yesterday, from CLSA maintained a Buy rating on New Oriental Education & Technology Group, with a price target of HK$59.98.

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New Oriental Education & Technology Group has an analyst consensus of Strong Buy, with a price target consensus of €6.07.

Based on New Oriental Education & Technology Group’s latest earnings release for the quarter ending May 31, the company reported a quarterly revenue of HK$1.24 billion and a net profit of HK$7.1 million. In comparison, last year the company earned a revenue of HK$1.14 billion and had a net profit of HK$26.97 million

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