Tarena International Inc (TEDU) Receives Consensus Rating of “Hold” from Analysts
Shares of Tarena International Inc (NASDAQ:TEDU) have received a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $19.67.
A number of analysts have weighed in on the company. BidaskClub cut Tarena International from a “hold” rating to a “sell” rating in a research report on Thursday, January 25th. Zacks Investment Research raised Tarena International from a “sell” rating to a “hold” rating in a research report on Wednesday, January 24th. Finally, Jefferies Group cut Tarena International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd.
Several institutional investors and hedge funds have recently bought and sold shares of TEDU. Bank of New York Mellon Corp acquired a new stake in shares of Tarena International in the 2nd quarter valued at approximately $800,000. State Street Corp lifted its holdings in shares of Tarena International by 7.2% in the 2nd quarter. State Street Corp now owns 132,221 shares of the business services provider’s stock valued at $2,368,000 after buying an additional 8,924 shares during the period. Nordea Investment Management AB lifted its holdings in shares of Tarena International by 17.1% in the 3rd quarter. Nordea Investment Management AB now owns 152,105 shares of the business services provider’s stock valued at $2,213,000 after buying an additional 22,242 shares during the period. Schroder Investment Management Group boosted its holdings in shares of Tarena International by 15.5% during the third quarter. Schroder Investment Management Group now owns 1,381,908 shares of the business services provider’s stock worth $20,011,000 after purchasing an additional 185,518 shares during the last quarter. Finally, Greenwoods Asset Management Ltd boosted its holdings in Tarena International by 35.5% in the third quarter. Greenwoods Asset Management Ltd now owns 1,072,375 shares of the business services provider’s stock valued at $15,603,000 after acquiring an additional 280,718 shares during the last quarter. 34.37% of the stock is owned by institutional investors and hedge funds.
Tarena International (NASDAQ:TEDU) last announced its earnings results on Monday, November 20th. The business services provider reported $0.24 earnings per share (EPS) for the quarter. Tarena International had a return on equity of 13.44% and a net margin of 11.77%. research analysts predict that Tarena International will post 0.5 earnings per share for the current fiscal year.
TRADEMARK VIOLATION WARNING: This piece was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece on another website, it was copied illegally and reposted in violation of international trademark and copyright laws. The correct version of this piece can be viewed at https://www.thecerbatgem.com/2018/02/10/tarena-international-inc-tedu-receives-consensus-rating-of-hold-from-analysts.html.
Tarena International Company Profile
Tarena International, Inc (Tarena International) is a holding company. The Company, through its subsidiaries, provides professional education services, including professional information technology (IT) training courses and non-IT training courses across the People’s Republic of China (PRC). It operates through training segment.
Receive News & Ratings for Tarena International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tarena International and related companies with MarketBeat.com's FREE daily email newsletter.