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China Merchants Securities Reaffirms Their Buy Rating on New Oriental Education & Technology Group (N1U0)

Tipranks - Thu Feb 5, 8:34PM CST

In a report released on February 3, from China Merchants Securities maintained a Buy rating on New Oriental Education & Technology Group, with a price target of HK$59.28. The company’s shares closed last Tuesday at HK$50.05.

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New Oriental Education & Technology Group has an analyst consensus of Strong Buy, with a price target consensus of €5.91, a -88.19% downside from current levels. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to a Buy with a HK$56.00 price target.

N1U0 market cap is currently HK$76.92B and has a P/E ratio of 25.38.

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