Xueda Education Rating Increased to Outperform at Zacks (XUE)
Xueda Education (NYSE:XUE) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, American Banking and Market News reports. The firm currently has a $4.80 price objective on the stock. Zacks‘ price target suggests a potential upside of 9.09% from the company’s current price.
Separately, analysts at Goldman Sachs Group Inc. upgraded shares of Xueda Education from a “sell” rating to a “neutral” rating in a research note to investors on Wednesday, August 21st.
Xueda Education (NYSE:XUE) traded down 0.45% during mid-day trading on Tuesday, hitting $4.38. The stock had a trading volume of 13,400 shares. Xueda Education has a 1-year low of $2.30 and a 1-year high of $5.00. The stock has a 50-day moving average of $4.24 and a 200-day moving average of $3.56. The company has a market cap of $287.2 million and a P/E ratio of 44.90.
Xueda Education Group, incorporated on April 24, 2009, is a holding company. Through its subsidiaries, it is engaged in providing tutoring services for primary and secondary school students in China with a focus on offering personalized tutoring services.
To view Zacks’ full report, visit www.zacks.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.