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J.P. Morgan Sticks to Their Buy Rating for New Oriental Education & Technology Group (N1U0)
In a report released on January 29, Ds Kim from J.P. Morgan maintained a Buy rating on New Oriental Education & Technology Group, with a price target of HK$55.00. The company’s shares closed last Wednesday at HK$46.04.
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According to TipRanks, Kim is a 4-star analyst with an average return of 10.3% and a 54.17% success rate. Kim covers the Consumer Cyclical sector, focusing on stocks such as Melco Resorts & Entertainment, Melco International, and Genting Singapore.
New Oriental Education & Technology Group has an analyst consensus of Strong Buy, with a price target consensus of €5.90.
N1U0 market cap is currently HK$73.1B and has a P/E ratio of 24.12.
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