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Shares of New Oriental Education & Tech Grp (NYSE:EDU) have earned a consensus recommendation of “Hold” from the eleven brokerages that are covering the company, Analyst Ratings Network reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $26.93.

EDU has been the subject of a number of recent research reports. Analysts at TheStreet downgraded shares of New Oriental Education & Tech Grp to a “hold” rating in a research note on Tuesday, August 12th. Separately, analysts at Zacks downgraded shares of New Oriental Education & Tech Grp from a “neutral” rating to an “underperform” rating in a research note on Friday, July 25th. They now have a $18.40 price target on the stock. Finally, analysts at Macquarie downgraded shares of New Oriental Education & Tech Grp from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 24th. They now have a $22.00 price target on the stock, down previously from $36.50.

Shares of New Oriental Education & Tech Grp (NYSE:EDU) opened at 21.94 on Tuesday. New Oriental Education & Tech Grp has a 52-week low of $18.74 and a 52-week high of $34.50. The stock’s 50-day moving average is $22.33 and its 200-day moving average is $25.97. The company has a market cap of $3.442 billion and a price-to-earnings ratio of 16.01.

New Oriental Education & Tech Grp (NYSE:EDU) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $0.30 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.24 by $0.06. The company had revenue of $287.50 million for the quarter, compared to the consensus estimate of $281.58 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 20.0% on a year-over-year basis. On average, analysts predict that New Oriental Education & Tech Grp will post $1.55 earnings per share for the current fiscal year.

New Oriental Education & Technology Group Inc is a provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence.

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