Tarena International, Inc. (NASDAQ:TEDU) has been assigned an average rating of “Buy” from the six brokerages that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $20.33.

A number of analysts recently commented on the stock. BidaskClub downgraded shares of Tarena International from a “buy” rating to a “hold” rating in a report on Tuesday. Zacks Investment Research downgraded shares of Tarena International from a “buy” rating to a “hold” rating in a report on Saturday, June 24th. Goldman Sachs Group, Inc. (The) downgraded shares of Tarena International from a “buy” rating to a “neutral” rating and set a $20.00 target price on the stock. in a report on Tuesday, May 16th. Finally, Jefferies Group LLC reiterated a “buy” rating on shares of Tarena International in a report on Wednesday, May 24th.

Several hedge funds have recently added to or reduced their stakes in the company. Westpac Banking Corp acquired a new stake in Tarena International during the first quarter worth approximately $235,000. ClariVest Asset Management LLC increased its stake in Tarena International by 5.4% in the first quarter. ClariVest Asset Management LLC now owns 19,652 shares of the business services provider’s stock worth $367,000 after buying an additional 1,005 shares during the last quarter. UBS Group AG increased its stake in Tarena International by 137.2% in the first quarter. UBS Group AG now owns 6,553 shares of the business services provider’s stock worth $122,000 after buying an additional 3,790 shares during the last quarter. DUPONT CAPITAL MANAGEMENT Corp acquired a new stake in Tarena International during the first quarter worth approximately $149,000. Finally, Nordea Investment Management AB increased its stake in Tarena International by 15.9% in the first quarter. Nordea Investment Management AB now owns 103,033 shares of the business services provider’s stock worth $1,925,000 after buying an additional 14,125 shares during the last quarter. Institutional investors and hedge funds own 35.60% of the company’s stock.

Shares of Tarena International (NASDAQ:TEDU) traded down 1.10% on Tuesday, hitting $19.73. 72,090 shares of the stock were exchanged. Tarena International has a one year low of $19.60 and a one year high of $20.24.

Tarena International (NASDAQ:TEDU) last issued its quarterly earnings results on Monday, May 22nd. The business services provider reported ($0.06) earnings per share for the quarter. The company had revenue of $48.30 million during the quarter. Tarena International had a return on equity of 15.89% and a net margin of 14.79%. Equities analysts anticipate that Tarena International will post $0.97 EPS for the current 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.

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