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.

Shares of Tarena International (NASDAQ TEDU) traded up $0.34 during midday trading on Friday, hitting $11.92. The company had a trading volume of 169,702 shares, compared to its average volume of 122,775. The firm has a market cap of $656.10, a PE ratio of 22.92, a PEG ratio of 1.41 and a beta of 0.75. Tarena International has a 1 year low of $11.48 and a 1 year high of $21.70.

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.

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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.

Analyst Recommendations for Tarena International (NASDAQ:TEDU)

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