RISE Education Cayman Ltd (NASDAQ:REDU) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokerages have set a 12-month consensus target price of $19.00 for the company, according to Zacks. Zacks has also given RISE Education Cayman an industry rank of 188 out of 265 based on the ratings given to its competitors.

REDU has been the subject of several recent research reports. Zacks Investment Research raised shares of RISE Education Cayman from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Saturday, January 27th. Morgan Stanley initiated coverage on shares of RISE Education Cayman in a research report on Tuesday, November 14th. They issued an “overweight” rating and a $15.50 price objective for the company.

RISE Education Cayman (NASDAQ REDU) traded up $0.34 during trading on Friday, hitting $16.34. 192,400 shares of the stock traded hands, compared to its average volume of 334,927. RISE Education Cayman has a 52 week low of $9.50 and a 52 week high of $17.86. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of -6.48.

RISE Education Cayman (NASDAQ:REDU) last released its quarterly earnings data on Monday, November 27th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.02). research analysts anticipate that RISE Education Cayman will post 0.27 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new stake in RISE Education Cayman during the 4th quarter valued at $149,000. Millennium Management LLC acquired a new stake in RISE Education Cayman during the 4th quarter valued at $2,126,000. GCA Investment Management LLC acquired a new stake in RISE Education Cayman during the 4th quarter valued at $370,000. Dalton Investments LLC acquired a new stake in RISE Education Cayman during the 4th quarter valued at $1,035,000. Finally, Lazard Asset Management LLC acquired a new stake in RISE Education Cayman during the 4th quarter valued at $27,292,000.

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About RISE Education Cayman

RISE Education Cayman Ltd is a holding company. The Company, through its subsidiaries, offers after-school English teaching and tutoring services to students aged three to 18. It operates in China’s junior English Language Training (ELT) market. Its offers three flagship courses, including Rise Start, Rise On and Rise Up, that are designed for students aged three to six, seven to twelve and 13 to 18, respectively.

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