Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

New Oriental Education & Technology Group (N1U0) Gets a Buy from China Merchants Securities

Tipranks - Sat Apr 25, 7:38PM CDT

China Merchants Securities analyst maintained a Buy rating on New Oriental Education & Technology Group on April 23 and set a price target of HK$62.00. The company’s shares closed last Thursday at HK$41.96.

Claim 30% Off TipRanks

New Oriental Education & Technology Group has an analyst consensus of Strong Buy, with a price target consensus of €6.23.

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

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.