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Guotai Haitong Reaffirms Their Buy Rating on New Oriental Education & Technology Group (N1U0)
In a report released today, from Guotai Haitong maintained a Buy rating on New Oriental Education & Technology Group, with a price target of HK$52.00.
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New Oriental Education & Technology Group has an analyst consensus of Strong Buy, with a price target consensus of €5.83.
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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